AGO 0.00% 4.5¢ atlas iron limited

is axo a sitting duck

  1. 9,503 Posts.
    lightbulb Created with Sketch. 655


    Hi everyone,

    I think that we have a big chance that AXO will merge with AGO.
    Here we have AXO with only about $6 million in the bank and not in a good bargaining position to get their magnetite resource into production

    AGO could well be the best possible solution for AXO to give the best returns to its shareholders.

    And with AXO having the port access that AGO needs soo badly NOW, it would not suprise me to see this happen.

    With Flanagan the deal maker out there negotiating with AXO, I can see a AXO being the second junior to become part of AGO.

    And, imho this will be an excellent outcome for both the sharesholders of AGO and AXO.

    I can smell something is brewing and this could well be part of it imho.

    But I do not believe that this is the only matter we are dealing with.......


    Good luck

    jojo
 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.