AGO
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0.00% 4.5¢ atlas iron limited

qrtly out - where has the cash gone?, page-35

  1. Profit Taker
    3,555 Posts.
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    25/07/12
    13:46
    Post #: 10479180
    Ok, from the other angle CFR iron ore prices are higher than FOB iron ore prices to account for the shipping differential paid by the seller. Seller pays shipping but this is factored into higher price received.

    Thanks for the input. Painful but got there in the end!
    AGO Price at posting: $1.73 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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