AGO
Click for more information
0.00% 4.5¢ atlas iron limited

re: Ann: Atlas June 2013 Quarterly Activities... Highlights...

  1. RiverSheep
    252 Posts.
    lightbulb Created with Sketch. 4
    clock Created with Sketch.
    24/07/13
    09:06
    Post #: 12102498
    re: Ann: Atlas June 2013 Quarterly Activities... Highlights are:
    • Cash holding increased to $461M, beating my estimate of $440-450M. Net cash flow of $62M is also much better than my estimate of $40M.
    • Cash cost of $49-50/t is disappointing, seems the fall in AUD did not translate to lower cash cost for AGO, though it should lower total cost
    • Realised price of US$107/t for standard fines compared with average 62% iron ore price of US$125/t for the quarter, a 14.3% discount to to benchmark.
    Overall I think this is a mixed report.
    AGO Price at posting: 83.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

ENR Encounter Resources flags latest niobium hits in fresh assay data
right-arrow Created with Sketch.
MGT Magnetite Mines set to progress DFS for Razorback through deal with JFE Shoji
right-arrow Created with Sketch.
CXO Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
right-arrow Created with Sketch.
PMT High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%
right-arrow Created with Sketch.
NEWS Good debt vs bad debt for the property in your investment portfolio
right-arrow Created with Sketch.
HCH Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.