I have been reading crap on here for the last 3 years from some posters as to how AGO was insolvent, done and dusted, in breach of lending facilities, had too much debt, was loss producing, a flawed business model of trucking ore, had no future, no rail, was on life support, was in palliative care, dying, $4 to 1.0c 1.3c, had no hope...........
Then 3 Billionaires went to buy it cheap at 3.1c (MIN), 4.0c (FMG) and 4.2c (Gina) and 5.0c (twiggys CR shares).
All those poor ole holders who listened to this crap and sold at 1.5c or 1.9c wouldnt be sitting on a 2 bagger higher now watching the daily volume dry up like the pilbara desert in summer on a hot day as the share register gets tighter and tighter?
Coz this is what we, the tightly holding aussie battler holders who still believe in our once market darling AGO, are waiting for in the dry dusty hot pilbara desert...
Im dreaming of a debt free, cash rich, Li/IO producing aussie mining company in the Pilbara controlled, managed & held tightly by 2 of Ozs richest Billionaires with large port berths and massive reserves.
The most famous and richest traditional Australian families, the Hancocks and Forrests, maybe planning to retake control of the Pilbara back into Aussie hands once and for all! Just a dream, for now.