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0.00% 2.2¢ a.c.n. 004 410 833 limited

Arrium cost per tonne for Iron Ore is AU$71 or US$66 Look at the...

  1. GreenTint
    169 Posts.
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    27/08/14
    13:08
    Post #: 13880390
    Arrium cost per tonne for Iron Ore is AU$71 or US$66

    Look at the results (released 1 week ago) and mining (Iron Ore) segment analysis.

    Revenue = $1,569m
    EBITDA = $686m

    Cost of goods sold (COGS) = $883m  (i.e. 1569 - 686 = 883)

    Tonnes = 12.5

    So 883 / 12.5 = AU$70.64

    Or AU$70.64 * 0.93 = US65.70
    ARI Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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