It is very easy... If AGO get to transport their IO to port by rail what profits would they make then?? It is the extra burden of trucking IO to port that is making them struggle so much. If Gina or Twiggy get AGO outright then they will save around $15 a tonne in costs. If you do the maths on that then 20 cents is still a cheap valuation to put on OUR shares.
AGO Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
