Secondlevel you are right, AGO total all in sustaining cost is $80-90, plus their 57% Fe receives ~15% from the 62% Fe benchmark, AGO profit margin would be <$10 now. Cash cost of ~$50 does not include port charges, shipping cost, admin cost and royalty. Mr. Market is not that stupid, AGO share price won't be at 77c if it is still making $50/t profit.
