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