With iron ore prices currently reduced to $91.80 a ton I wonder if AJM needs to reimburse Atlas Iron for each ton sold. On their Hot Copper site there is reference to an estimated overall loss of $18-$20 a ton. If this is correct & AJM is also being charged both interest & administration there may be a substantial loss on each ton shipped.Not a happy thought.
mt webber-asset or liability
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 121 | 181496973 | 0.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 20055545 | 43 |
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