Note shipping cost is included in the CURRENCY $US that they pay for it in and that is to save confusion.
Its only after that you get a figure that is worth turning to $AU to pay $AU costs.
=nett $42.90 AU with targeted loaded cost of AU$35
What is left after the $35 bucks is surplus Cash Flow each ton aka $7.90 on the last market price at the time of writing.
You are however right in hoping ARI have excelled above and beyond in cost reductions as the current price is around $39 and that maths is not so great for this Month and going forward.
regards
Fitnfam
ARI Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held
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