Iron ore price, page-6256

Keep IO in Aussie hands
discard the foreign owners, the AGO BOD & poisonous yankee bankers!
tax losses and port berths are worth $800M on their own not including the Li production, 5 IO mines & large reserves.

Have a feeling that this will go on for months so that the aussie holders & INSTOs soak up most or all of the 8B yankee equity in AGO dirt cheap as already some 2B sold for 2c, another 2B at 3-4c, 3B bought offmarket at 4.0c by FMG & HPP and soon another 1B at 4-5c etc etc.

Going by the lower daily volume in AGO, the yanks havent got much equity holdings left in AGO.
Twiggy bought AGO shares at 5.0c in 2016.

FMG can make a motza from AGO as now its all about the AGO aussie shareholders and what to do with them. I think twiggy wants them to get into FMG (scrip bid) as Gina wants to pay them 4.2c which is a massive loss on capital for many of them including me who bought in at 5c-100c to 400c over the last 10 years.

Either way, AGO is back in Aussie hands finally.