AGO
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0.00% 4.5¢ atlas iron limited

Secondlevel you are right, AGO total all in sustaining cost is...

  1. RiverSheep
    252 Posts.
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    02/06/13
    17:08
    Post #: 11839237
    Secondlevel you are right, AGO total all in sustaining cost is $80-90, plus their 57% Fe receives ~15% from the 62% Fe benchmark, AGO profit margin would be <$10 now. Cash cost of ~$50 does not include port charges, shipping cost, admin cost and royalty. Mr. Market is not that stupid, AGO share price won't be at 77c if it is still making $50/t profit.
    AGO Price at posting: 77.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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