AGO 0.00% 4.5¢ atlas iron limited

just say io=$92.50 & audusd=0.925 for 5 years?

  1. 169 Posts.
    Just say Iron Ore and currency prices do not move or average today's spot prices for the next 5 years.

    What would AGO's Net Debt look like in 5 years time?

    Assumptions...
    Production Rate 12Mt a year
    All in costs = $70/t (excluding stripping)

    Capex FY15 = 122m and then $60m (ie $5/t for stripping) for each of the next 4 years.

    Dividend = 0.03 for each each year. Yield = 4.5%

    FY19 Net Cash = $63m

    It would be $100m higher if no interest was paid on unused but drawn down debt.

    ***

    Now a 5 cent fall in the audusd to 0.8750 changes this to...

    FY19 Net Cash = $258m

    It again would be $100m higher if no interest was paid on used but drawn down debt.

    ***

    Now a $US5 rise in the Iron Ore price to $US97.50 (audusd 0.925) changes this to...

    FY19 Net Cash = $268m

    It again would be $100m higher if no interest was paid on used but drawn down debt.






 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.