AGO
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0.00% 4.5¢ atlas iron limited

iron ore prices up again @$155, page-5

  1. Corporate
    2,784 Posts.
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    08/02/13
    13:29
    Post #: 11396742
    So based on $143/t CFR and a $13/t shipping cost AGO is selling ore at $130/t with a cash cost of about $48/t.

    MASSIVE margin.

    From this you need to subtract royalties (at 8% of revenue), other corporate costs ($45m), and interest to get free cash flow.

    Pretty much bang on my last calculation posted.
    AGO Price at posting: $1.65 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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