AGO 0.00% 4.5¢ atlas iron limited

my fy13 revenue estimate, page-20

  1. 5,583 Posts.
    lightbulb Created with Sketch. 1
    MLJ for CFO!!!

    - A great grasp of numbers
    - Cuts out the bulls***
    - Can demonstrate an understanding of the simple premise that Revenue minus Costs = Profit = happy people.
    - Mathematically adept to show that costs have increased at a faster rate than revenue; and hence margins have contracted.
    - Sufficiently organised to show that salaries and consultancy expenses have ballooned out of proportion to normal mining costs.
    - Can see that investors have $1.9 billion of equity invested in AGO
    - Realises that a 4% return on invested equity is 1st degree murder of the investor class.
    - Values the CFO position enough to see that 4% ROE is less than the return on government bonds and hence investors may pull the pin on the company at any moment.

    This MLJ fellow is the right man for the job, the one we've got atm puts up bs numbers in presentations that causes people to laugh uncontrollably.







 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.