I believe only one of the mines has been closed. The other 2 are still operating. This spike in the io price could not have coming at a better time. With the contractors willing to come to the party, there's more than just hope for ago now IMO. It may even make the company stronger if it survives. Surely, costs can drastically be lowered to perhaps $50 per tonne which would see ago at least generate a decent profit. I feel io price will settle around $65 in the short term so ago will be in a very strong position to turn the company around. Will be a sad day if ago folds. We need to support the little guys.
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Will AGO resume operations?, page-22
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