Atlas no longer produces cheap value fines which were only extracted from Wodinga. That dragged down sales values considerably over the last year as its price was generally tied into the 58% fines figure; a significant discount on 62% fe. Lump market is a different beast since last few qtrs and valuation of AGO needs to look at lump on look fwd basis not look back....
Ann: 2017 Annual Report to shareholders, page-28
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