AGO 0.00% 4.5¢ atlas iron limited

They're getting rid of the lower grades while the getting is...

  1. 1,566 Posts.
    They're getting rid of the lower grades while the getting is good because as prices continue to rise, if they do continue to do so, more marginal mines will come back into play. Shows that AGO saw a gap in the market, had the means to fill it, entered a new market for them, seen as a dependable supplier. Very good strategic decision, Increased cash flow through the door, full stop. NICE. Still plenty of the good stuff in them thar hills!
 
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Currently unlisted public company.

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