AGO 1MC

Ann: Decision to Mine for Mt Webber Iron Ore Proj, page-15

  1. RiverSheep
    252 Posts.
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    08/07/13
    14:00
    Post #: 11976997
    re: Ann: AJM: Decision to Mine for Mt Webber ... Those figures are off by a wide mark. I will not be doing the researching for you, but AGO receives price discount for lower grade fines and cash cost does not include port charges, royalties and shipping. Overall AGO makes only about $10/t now after those factors are included. AGO made $1m underlying profit in first half 2013 when iron ore price averaged $115/t, you should try to find out why.
    AGO Price at posting: 79.2¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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