AGO
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0.00% 4.5¢ atlas iron limited

IO futures, page-54

  1. fumoyoda
    2,795 Posts.
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    13/02/17
    21:07
    Post #: 22581197
    Last qtr report
    "To assist in managing volatility in iron ore price Atlas has continued to hedge a portion of its forward production. At the date of this report, Atlas had swaps for approximately 1.5M WMT of March 2017 Quarter sales and 0.6M WMT of June 2017 Quarter sales at an average 62% Fe equivalent level of A$96/DMT. This compares to the A$94/DMT 62% Fe average price for the December 2016 Quarter."
    AGO Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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