Your points are perfectly valid, but that is why ago is trading at 2.1c..
The stock market is all full of risk.. the bold bought at .9c and are happy to be looking at a double bagger plus at the moment..
Life rewards the courageous few, and the wealthy in 1 years time, won't be looking at current issues, they will be looking at future potential.. and with iron ore averaging well over $70 a tonne for November the potential is there..
4 months ago, there was a question about survival of atlas (.9c) now its, I know they will survive, but how (2.1c). In 12 months time, it'll be are they going to pay a dividend or expand their mines after a re-rate.. (3c+)...
All in my opinion...
Gltah..
AGO Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held