ARI
Click for more information
0.00% 2.2¢ a.c.n. 004 410 833 limited

Couldn't agree more. ARI iron ore mining break even point is...

  1. 8horse
    34,338 Posts.
    lightbulb Created with Sketch. 9114
    clock Created with Sketch.
    24/01/15
    23:20
    Post #: 14637020
    Couldn't agree more.

    ARI iron ore mining break even point is US$50.2/t IO62%. Even at current spot of US$66/t, Ari 9Mt, can generate $155m EBITDA. Should generate positive cash flow after capex.
    If spot recovers to US$80/t, mining will generate $288m EBITDA.

    Plus

    Consumables, steel & recycling, generating EBITDA of approx. $336m - $356m p.a

    Overall, ARI can generate EBITDA between $491m - $644m p.a.

    Break even calculation:
    $70.2 x (1-20%) cost reduction x 0.79 AUD / 0.88 (quality adjustment to spot price) = US$50.2/ton
    ARI Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

TG6 TG Metals reports high grade lithium hits approaching 3% at Jaegermeister
right-arrow Created with Sketch.
NEWS Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
right-arrow Created with Sketch.
RLT South Africa-based Renergen brings liquid helium facility online
right-arrow Created with Sketch.
QBE QBE records share price plunge despite doubling profits in the first half of 2024
right-arrow Created with Sketch.
NEU Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress
right-arrow Created with Sketch.
NEWS Is oil undervalued?
right-arrow Created with Sketch.
watchlist Created with Sketch. Add ARI (ASX) to my watchlist

Currently unlisted public company.

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