AGO
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0.00% 4.5¢ atlas iron limited

Ann: Atlas Half Yearly Report and Accounts , page-18

  1. pski
    998 Posts.
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    27/02/13
    09:21
    Post #: 11471455
    Thanks
    Based on the current Iron Ore price of $150/t, I think we will get $131/t dry.

    Let’s assume that we dig up 3.800Mt (wet).

    I have calculated profit after C1 costs - $251m, if you include finance and general $218m profit and if you include depreciation $180m.

    AGO Price at posting: $1.55 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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