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4.5¢ atlas iron limited

Iron ore price, page-679

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09/12/16

13:24

Post #: 21228353
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Originally posted by Travvo88 ↑

I think 20% discount you've used for Atlas product is optimistic. Agree with cost. From what I can tell there will be 1.3 mt of forward sales this quarter at equivalent 62% US$56. Timing of these sales could have a decent impact on quarter profits.

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Net debt down to $40-$50m will do me fine with cash balance to crack $100m.

AGO Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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