AGO
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0.00% 4.5¢ atlas iron limited

4MT at $11 margin = $44mil cash flow positive, page-6

  1. Richie2013
    4,028 Posts.
    lightbulb Created with Sketch. 527
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    29/01/17
    09:52
    Post #: 22193843
    I read it as
    2.3 MT SF @ $70 = (70-55) × 2.3 = $34.5 M
    1.2 MT Lump @ 70 = (70 -55) x 1.2 = $18 M
    0.5 MT VF @ $66 = (66 - 55) x 0.5 = $5.5 M

    Which adds up to $58 M, so not sure where the $2 M cash has gone?
    AGO Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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