Agree MiningGuru, but I can't shed any light on the reason why AGO has stopped moving with others in the sector.
It is not debt, it is not IO price, it should not be CR ( unless it is to unlock rail option and pursue the 46.5M Tpa allocation). It is not the absence of T/O opportunity as that will always be around for this mid-scale player.
So I think it just comes down to stock specific sentiment and AGO must be underwhelming the market compared to the perceptions it built up over several years. St sentiment shifts are powerful , but hard to gauge.
FT
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