AGO 0.00% 4.5¢ atlas iron limited

Can we all now use the facts that were presented this morning:...

  1. 130 Posts.
    Can we all now use the facts that were presented this morning:
    1) average price received was A59, full cash cost is A56, unless my maths are wrong, they are making money now & will be making more money after the debt restructure
    2) cash sitting at A107m, well above the minimum amount set by creditors
    3) they passed the dec 15 covenant requirements

    Get on board........boom
    Back in your box red!
 
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