AGO 0.00% 4.5¢ atlas iron limited

Ann: Atlas approves development of Corunna Downs, page-69

  1. 15,517 Posts.
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    Didn't you read the main bit in the the last quarterly report. Profit will be about the same as in the Dec qtr because of hedging (forward selling almost all). Higher IO price will only affect the June qtr (which is already partly hedged probably)

    Perhaps before you start criticising other people, you should check the facts and ensure that you are actually posting the correct information ???? Forward selling almost all ??? There is only 35% or 1.5 mt that has been hedged, leaving the majority of IO production to be sold on market at current spot prices
 
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