AGO 0.00% 4.5¢ atlas iron limited

Just looking at Atlas and sure, they did a cap raising and...

  1. 370 Posts.
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    Just looking at Atlas and sure, they did a cap raising and reduced their dept. they have made it through the toughest of times, reduced their all in costs in leaps and bounds and will likely reduce costs even more.
    and now showing about 30M pa profit.
    If ore price stays around $60t and at under 100m market cap atlas is looking like a pretty good buy to me.
    I havent been a follower and have most likely overlooked something important here.
    Anyway I bought a few and will be keeping a close eye on it and the iron ore price for now.

    Cheers
 
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