AKO
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3.57% 14.5¢ akora resources limited

I am not sure if anyone has an up to date iron ore cost curve....

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  1. NonPolar
    318 Posts.
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    14/11/23
    19:48
    Post #: 70899818
    I am not sure if anyone has an up to date iron ore cost curve. But just looking at this reference below, AKO’s cost of US$ 43 would put it below global average (US$ 54) and presumably in Q2 of the cost curve. (Not sure about dry vs wet tonne).

    A fantastic result and producing huge margins, well over 100%, at current IO prices of US$128.

    An IRR north of 60% using very conservative iron ore price of US$100 is excellent.

    https://www.woodmac.com/reports/metals-value-in-use-iron-ore-costs-q3-2023-150161742/
    Last edited by NonPolar: 14/11/23
    AKO Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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