Hi RR see you still about. I was wondering if MGX could have a go at them because they have $$ coming out of their ears . Im just trying to picture what they would want AGO for but perhaps the port allocation
but then we dont know if it would be transferable Im not sure of the logistics between them either. Just figured MGX is holding its own and its going to make an acquisition at some point but maybe not in IO.
Its sad to see AGO like this and I can only imagine there are plenty of SH who had lost a lot of dollars like me. I cant see any bright news unless the IO price gets a move on. If I were shareholders I would be asking management exactly where they stand with the port allocation now as Barnett made a lot of noises that it could be taken off companies Im not sure if he referred to AGO specifically but it is the most important asset they have left now unless the management start digging the stuff up themselves and taking a cut in wages big time to help the bottom line.
Good luck and I hope if you are all holding it comes good soon.
AGO Price at posting:
50.0¢ Sentiment: None Disclosure: Not Held