News: AGO Atlas Iron updates on debt restructuring, page-14

If you still think AGO is a good investment I think you should actually read/review today's announcement, all 476 pages.

Some items you may wish to read:
- February 29 cash position
- Solvency report from PPB
- Forecast cash and working capital models

While I agree that the SFA (what a name for a company saving agreement!) is a good thing for the future of AGO, I only say this because it offers AGO a further 6 months of survival from 30 June 2016 until ~February 2017.

There is, IMO, zero upside for existing holders. It might be trade-able within ranges of swinging IOP.

Anyway, DYOR, read a few documents and see the reality for what it is.