AGO
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0.00% 4.5¢ atlas iron limited

Spot on JoJo.AGO has a stated target of 1.5b tonnes of magnetite...

  1. Profit Taker
    3,555 Posts.
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    05/05/08
    11:34
    Post #: 3666502
    Spot on JoJo.

    AGO has a stated target of 1.5b tonnes of magnetite resources. I expect they will drill out resource extensions prior to any deal being done. In selling a proposed 70% interest, I think we will see hundreds of millions in cash through the door based on recent transactions.

    Management doing a great job!
    AGO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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