AGO
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0.00% 4.5¢ atlas iron limited

hound IO up overnight $1.60 to US$71.10 aussie dollar now 0.837...

  1. rcman
    32,745 Posts.
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    05/12/14
    06:27
    Post #: 14412077
    hound IO up overnight $1.60 to US$71.10 aussie dollar now 0.837

    Thats about AU$85/dmt, minus roughly moisture and grade i use 23% is $65.00 odd, There still losing about $4/t exc D&A

    I suspect all-in costs will be down further in the next quarter especially with the 80 job cuts and lower oil/diesel prices.
    AGO Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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