AGO
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0.00% 4.5¢ atlas iron limited

With 50% royalty rebate (reported to be worth $2.5/t) and diesel...

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  1. Matt747
    10,494 Posts.
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    23/12/14
    23:05
    Post #: 14503854
    With 50% royalty rebate (reported to be worth $2.5/t) and diesel price plunging further since Nov and freight rate dropping dramatically, it looks like AGO may be able to get all in cost (before interest, taxes and depreciation) to about $AUD 61 / tonne.

    It looks like AGO is receiving about $AUD 65/tonne when 62% Fe spot is $us 68 or $aud 83.5.
    AGO Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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