AGO 0.00% 4.5¢ atlas iron limited

Ann: March 2018 Quarterly Activities Report, page-10

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  1. 33,047 Posts.
    lightbulb Created with Sketch. 1520
    what a disgrace, how did cash costs jump $3/t, looks like will go above FY18 guidance now, how convenient. I said last week they'll make about $5mil for the qtr being $2-$3t profit.

    The happily found a way to raise costs $3/t and ship less, should have shipped around 2.5mt

    IMO they played with the hedging against our interest.

    Jan-Mar qtrs normally the strongest and this is what they give us, rising costs
 
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