Market - Time to get real on AGO, page-10

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rcman

33,150 Posts.

1521

06/10/17

17:33

Post #: 27722328
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Originally posted by asx_dude ↑

Let put things into perspective.....

All in opinion:
PLS - 1B MC (And well deserved)
Tier 1 Lithium Resource.
Ramping up construction.
Producing next year.

AGO - 150M MC (Hello world!)
IO Producer and diversifing (A mini major)
Globally competitive in-demand quality IO 14-16 million tonnes per annum. (40%+ is Lump product at a premium)
Port and Infrastructure in place
PLS JV with enormous Cisco potential and very low capex required for AGO.
Lithium potential on AGO tenements.
Gold potential on AGO tenements.

The market has got it wrong in terms of AGOs SP to be sitting where it currently is.
AGO will be one of the best capital growth stories of 2018 no doubt and potentially an opportunity for investors who have missed the Lithium train to hop onboard AGO with potential to leverage off PLSs Lithium success story.
Those who still sit on the fence will be the ones falling from the fence once the anticipated announcements roll through in 2018.
E.g
Debt free (Probably before many bigger peers achieve such a milestone)
Cisco drilling potentially positive.
Further exploration upside on AGO owned tenements diversifing further.
Solid, consistent quarterly profit generation.
Strong capital gains (for those who accumulated over the last 12 months) and upside value for shareholders.

AGO SP is truly ridiculous. Time for the market to get real on Atlas and start to appreciate what upside it offers as a small, net debt free, agile, soon to be no doubt a diversified miner of in-demand commodities into the future.

Expand

Fortune magazine now running with that India steel story posted this morning.

All this needs is the debt to be worked on more favourable terms.

AGO Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

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