AGO 0.00% 4.5¢ atlas iron limited

Joey,Both good iron ore companies,very profitable.. MGX at its...

  1. 207 Posts.
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    Joey,

    Both good iron ore companies,very profitable.. MGX at its current price $1.15 + dividend fully franked, low PE and has 3 mines producing, projection for 2012/12 10mtpa looks cheaper.

    AGO has larger pipeline expansion plans, cmv $2.89

    Both have lots cash in bank, if you believe in the iron ore story, both will do well...

 
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Currently unlisted public company.

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