AGO
Click for more information
0.00% 4.5¢ atlas iron limited

4MT at $11 margin = $44mil cash flow positive

  1. Tran
    2,982 Posts.
    lightbulb Created with Sketch. 4357
    clock Created with Sketch.
    28/01/17
    20:42
    Post #: 22191224
    This is my 1st time posting.

    Can anyone help me work out why AGO said it made $56mil in Dec quarter but my calculation is:
    $66 (average sale price) - $55 (full cash cost) = $11 margin.
    $11 margin by 4mil tons = $44 mil cash flow.

    Why AGO said it made $56mil?

    Thanks
    AGO Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Want to talk crypto? Click here to join the discussion!
right-arrow Created with Sketch.
NEWS Check out the latest discussions in HotCopper's Mining forum
right-arrow Created with Sketch.
WGX Mining start at South Junction adds to Westgold's hopes for WA gold complex
right-arrow Created with Sketch.
PV1 Provaris updates on progress with Uniper under hydrogen MOU – not long after interesting ASX response
right-arrow Created with Sketch.
NEWS Keep up to date with the latest upcoming IPO's
right-arrow Created with Sketch.
NEWS Click here to access the latest ASX news!
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.