ARI
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5.71% 3.3¢ arika resources limited

Not bad News,But Price Gone down,Why?, page-49

  1. 8horse
    34,340 Posts.
    lightbulb Created with Sketch. 9122
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    24/01/15
    23:20
    Post #: 14637020
    Couldn't agree more.

    ARI iron ore mining break even point is US$50.2/t IO62%. Even at current spot of US$66/t, Ari 9Mt, can generate $155m EBITDA. Should generate positive cash flow after capex.
    If spot recovers to US$80/t, mining will generate $288m EBITDA.

    Plus

    Consumables, steel & recycling, generating EBITDA of approx. $336m - $356m p.a

    Overall, ARI can generate EBITDA between $491m - $644m p.a.

    Break even calculation:
    $70.2 x (1-20%) cost reduction x 0.79 AUD / 0.88 (quality adjustment to spot price) = US$50.2/ton
    ARI Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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Last
3.3¢ 		Change
-0.002(5.71%) 		Mkt cap ! $20.41M
Open High Low Value Volume
3.5¢ 3.5¢ 3.2¢ $52.24K 1.549M

Buyers (Bids)

No. Vol. Price($)
1 29056 3.3¢
 

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Price($) Vol. No.
3.4¢ 250400 2
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