I asked this question before but how does an AGO investor rationalise holding? With debt costs taken in they are losing money and deteriorating. Do you all stick around because you cant believe ore will NOT rise or is there a strategy AGO can adopt to survive? Corporate action?
Its pointless talking about stimulus and projects and this and that when the ore price reflects none of these assumptions. Are you saying the ore price is wrong?
I thought the Chairman address was the saddest trip down memory lane ever. Seems like a nice guy but is the man who can objectively make the hard choices? Ie put operations on care ad maintenance
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Chinese traders tip iron ore to hit $US70, page-115
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