The fact of the matter is iron ore is sitting at US$83 a tonne at the moment, so AGO is making about 700K a day.
It is market sentiment that is causing the drift in price, but the half year and another debt repayment announcement will see it spike up.
The big boys are in this one. I'm buying more in the high 3s.
The fact of the matter is iron ore is sitting at US$83 a tonne...
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