AGO 0.00% 4.5¢ atlas iron limited

Under priced, page-2

  1. 2,060 Posts.
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    Yeah the lift already went in January buddy 1c to 5c and you missed it.

    Now the lift is sideways 1.8c to 1.9c for 4 months now.

    The only thing that will change this cycle is debt paydowns (none since Jan & none expected with $1M spare cash), buybacks (no plans) and higher sales income (nope lower production = lower income) or IOP spike (done 55-75 and nil effect on finances).

    Q1 will be another disappointing $5M-$9M free cashflow and most of that will be used for loan interest of $2.5MpQ and extra ordinaries they will dream up. Thats why the bondies are selling so much and so often and the planned debt paydowns havent happened.

    Q3 and January 2018 maybe different if IOP can stay 70-80.

    All this ramping and yet its still 1.9c.
    Last edited by Samboy69: 30/08/17
 
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