Jojo,
AGO should be $5-$6, we all know it is going to go up. If the market sentiment is good then so are the other Iron ore juniors. they will all go up in tandem.
This agreement is good because, after this bear market rally or when sentiment turns negative, AGO may hold its value better rather than 10-15% down on a negative day each time.
Buy AGO if you are a long term holder... God damn you will make alot of money in 2-3 years...
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- offtake agreement pardoo
offtake agreement pardoo, page-32
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