I agree with Poverty Boy, we should see a share price increase
now that Liberal are in power, but it is not just that, also consider that Iron ore is holding well above US130/Tonne, during a period which is normally at it's lowest. The Australian dollar compared with the US dollar is hovering around the low 90s. The company is on track to ship +10MT this year. The Chinese GDP is still around 7.5%, their PMI is at 51, the highest it's been since May last year. The US economy expanded at a better-than-expected 2.5 per cent annualised rate in the second quarter while in the euro zone, factories were the busiest last month in more than two years. South Korea reported a 7.7 per cent year-on-year gain in exports last month, far exceeding the expectations of 3.8 per cent growth. Add to that AGOs share price has fallen almost 60% from its peak in January this year and what you have is a stock with the potential for high growth, especially this quarter.
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