AGO
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0.00% 4.5¢ atlas iron limited

With this deposit more than 200 km away from Port Hedland, one...

  1. rumbai12
    327 Posts.
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    29/05/13
    13:10
    Post #: 11822804
    With this deposit more than 200 km away from Port Hedland, one would think that trucking costs would be $0.10 - $0.15/km. This is $20/Mt - $30/Mt. This may make it uneconomical.

    Has anyone considered what the cost is to halt Horizon 2 and just focus on Horizon 1. If we got up to 10M MT per year with margin of $20, that is $200M cashflow per year.

    AGO does not have to be like FMG.

    AGO Price at posting: 80.5¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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