AGO 0.00% 4.5¢ atlas iron limited

and these gems from the 2014 AR:- "OUR VISION To build a truly...

  1. 2,060 Posts.
    lightbulb Created with Sketch. 1393
    and these gems from the 2014 AR:-

    "OUR VISION To build a truly great Australian company that is a fantastic place to work, makes the world a better place and delivers outstanding returns for shareholders. A company our families are all proud of.
    Since listing on the ASX in late 2004, Atlas has grown rapidly to become one of Australia’s leading mid-tier iron ore exporters."

    From the chairman DF:-

    "The Company is only ten years young, but it has achieved so much in those ten years, making a significant contribution to the local communities in which we operate, the state and the nation, with greater contributions to be made in the years ahead. If not for Atlas’ business strategy, the product we have exported would still be in the ground, the State would not have received the taxes we have paid, the community organisations would not have received the grants, sponsorship and volunteer hours we have contributed, the thousands of jobs over the years would not have been created and shareholders wouldn’t have received $81 million in dividends. For that, our shareholders can be proud and we likewise appreciate the support of our shareholders for our business model."

    classic...
    No mention of massive dilution by 8B shares, shares will be worth 1%, or a collapse of finances & IO price drop or bond default,
    all nice and rosy with a great future to invest into to build the Pilbara and the local communities, help the WA scorchers cricket as well,

    Were we fools to believe this?
    Tell me who is the fool, is Gina a fool to believe in this trucking strategy & production powerhouse more than us?
    So many other Io juniors couldnt get to where AGO got to.
    Gina has got the bargain of the century & FMG has missed out, so we think.
    Last edited by Samboy69: 23/10/18
 
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.