Well said Mutley, I agree with all your points. They should also be trying to get that "Imminent" rail deal going again.
They could sell off some of their 46 MT/Y Port Allocation to Roy Hill or FMG. Something can be done to get rail, whether they pay for it themselves with money raised from options, or do a deal with Roy Hill or FMG.
Or join forces with MGX who have $400 M sitting in the bank doing nothing (except earning Interest).
AGO Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
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