AGO
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0.00% 4.5¢ atlas iron limited

How about pre sell IO as much as possible, as I just read some...

  1. MIKE71
    150 Posts.
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    07/04/15
    22:15
    Post #: 15046863
    How about pre sell IO as much as possible, as I just read some where.
    Pre sell 8 mill tonnes @ $40 =$320 mill = pay off the loan
    Use existing cash say 130 mill for work in capital purposes.
    Buy time for some asset sales.
    Pray for IO to go up in the mean time!!!
    AGO Price at posting: 12.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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