Iron ore bullish as Chinese futures surge, page-8

Absolutely Haplo!

Ok folks all in my opinion....
Positives
AGO recently profited between 25-35 mil per quarter.
I predict IO will continue its inevitable fundamentally supported LT trend upwards beyond 60-70 per tonne.
LT IO bear market is now history.
LT bearish trend broke in Feb 2016 this year into a new bullish trend.
Supply demand has balanced with demand now improving in China along with emerging countries in early stages of urbanisation. US infrastructure spend highly probable in my eyes regardless if Trump or Hillary wins.
Within 6 (bullish) - 9-12 (conservative) months AGO has the potential to wipe out debt entirely.
AGO has Lithium potential and should be exploring its potential.
AGO produces 16 mil tonnes per year and even if some mines are near end of life AGO will most certainly ramp up Mt Webber, C Downs or McPhee with minimal cost increase to maintain similar production.
AGO is positioned well on the cost curve just outside the majors and Roy Hill.
Utah Port remains for the likes of local industry such as Atlas.

Negatives
9 bil shares on issue and options.
???????? and.....

AGOs fundamentals are improving daily as IO marches upward.
1- 1.1c SP range has not moved for a while.
Something has to give.
My hunch is when AGO moves it will be a major movement upwards.
Its well overdue.....
Good luck AGO holders and anyone who has capitalised on recent lows.
Hopefully these lows will be a distant memory very soon.