AGO
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0.00% 4.5¢ atlas iron limited

This is my 1st time posting. Can anyone help me work out why AGO...

  1. Tran
    2,989 Posts.
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    28/01/17
    20:42
    Post #: 22191224
    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
    AGO Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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