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4.5¢ atlas iron limited

Agree. Heavy scrutiny involved and other major issues at play...

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Monny

132 Posts.

38

25/07/18

09:50

Post #: 34549488
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Originally posted by eyeswideopen ↑

Imo, FMG BOD will be judged poorly if what they come up with doesn't return a billion or so of revenue per year and hundreds of millions of profit per year.

As that is what their IO business is returning and if an investment(in a subsidiary? ) is to be regarded as significant diversity of revenue it has to return the above amounts of cash.
The burden of diversifying as successful IO bulk ore operation.

So expecting FMG will have to think big and spend big (possibly 2 to 3 Billion) to achieve significant diversity of revenue.

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Agree. Heavy scrutiny involved and other major issues at play around production quality and new mine priority.

Not an easy swallow for Twiggy or FMG by any means.

AGO Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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