your number 1 stock pick for 2011, page-19

  1. 1,967 Posts.
    AGU 297M Shares on issue m/c of approx $12m current sp of 3.8c

    Target 3.5 to 5B tonnes IO in Mid West(with JV Partner)

    30% of JV gives them approx target of 1.5B tonnes

    Expecting 500mt Jorc by end of Jan 2011.(30 to 40%)

    Davis Tube tests gives them recovery of +20% at 65-67%

    = 100mt for JV.

    Which = 30MT for AGU @65% for $160 p/tonne.

    And thats just to begin with ,got numerous Hematite targets thst will be followed up in 2011.

    its wake up time very soon top 20 hold approx 50%

    Safe zone WA Based, next to the infrastructure rail line that will get built by Japs or the Chinese.

    its all up from here
 
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