You see the dunny I see a water closet
You see rain I see the farmers praising the sky
You see CEO ripping out Ms over 5 years I see him putting in $200K at 5c
You a run down dump I see the worst house in the best street
You see IO is dead right now I see steel is the future material for the globe
You see loss I see underlying profit
You see $1B asset writedowns I see paper marks on tenements it created from nothing
You see costs high I see employing 1500 families and their kids
You see contractors cutting costs taking shares as negative, i see defacto share investment
You see loss production I see 3 mines on record production with sharply lower costs
You see liquidation I see a strong rebound potential
AGO confirmed it is in full compliance with debt covenants and will be unless IOP stays below $50UST for 6 months (highly unlikely)
You see red I see blue
You see death I see rebirth
You see what you want to see.
I guess that's why you are a redrock & I am a tomboy. I am not a pesimist like you. Even Murphy was an optimist.
AGO Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held