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4.5¢ atlas iron limited

4MT at $11 margin = $44mil cash flow positive, page-21

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Travvo88

633 Posts.

42

29/01/17

18:51

Post #: 22199435
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Originally posted by Richie2013 ↑

I read it as
2.3 MT SF @ $70 = (70-55) × 2.3 = $34.5 M
1.2 MT Lump @ 70 = (70 -55) x 1.2 = $18 M
0.5 MT VF @ $66 = (66 - 55) x 0.5 = $5.5 M

Which adds up to $58 M, so not sure where the $2 M cash has gone?

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From my maths the VF would only be fetching around $38/WMT, SF $66.50/WMT and lump $76.50/WMT

AGO Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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