AGO
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0.00% 4.5¢ atlas iron limited

When you say increasing inventory of higher grade ore does that...

  1. BT6487
    2,046 Posts.
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    18/04/17
    16:20
    Post #: 24120066
    When you say increasing inventory of higher grade ore does that mean they have forward hedged for the next quarter a high price for high grade ore and they can now start smashing it out at a higher price than the current spot price and have another blinding quarter (become debt free by end of June quarter)? Maybe there has been a bit of LT genius thinking there...
    AGO Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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