Just looked at Altura's quarterly. They have A$9 margin for Sep qtr ($90 avaerage) in the profits before interest expense and loan repayments to Atlas. This is very simple to see. I wish they all list the costs and margin like that.
Concerning that with the average qtr so far we have about $80, all the margin has gone. We are loosing money. Better stop mining for a qtr. Take a holiday. What is the point.
AGO Price at posting:
32.5¢ Sentiment: Hold Disclosure: Held
