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4.5¢ atlas iron limited

Excellent work mate! Full cash cost doesn't include depreciation...

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Nickmcrae

32 Posts.

12/04/17

20:34

Post #: 24040857
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Originally posted by Mosb ↑

Refer to the extract below from the June 2016 Quarterly.

Full cash costs includes C1 Cash Costs, royalties, freight, corporate and administration, exploration and evaluation, interest expense, contractor profit share and sustaining capital expenditure, but excludes depreciation and amortisation, one-off restructuring costs, suspension and ramp up costs of operating mine sites, and other non-cash expenses. C1 Cash Costs are inclusive of contractors and Atlas’ costs including Contractor Rate Uplift. Full cash costs are derived from unaudited management accounts.

Basically the full cash-costs of $53 AUD per ton include the profit sharing arrangements so the numbers above in my tables are net of those obligations.

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Excellent work mate! Full cash cost doesn't include depreciation and amortisation which is $5WMT and like RC said the discount that they have been receiving is more than double the normal 7-11% discount

AGO Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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