AGO 0.00% 4.5¢ atlas iron limited

when to buy ago ??, page-32

  1. 252 Posts.
    lightbulb Created with Sketch. 4
    AGO all in sustaining cost is about $85/wt, so it is about $90/dt. Production guidance is 8wmt this year, taking the water out again is about 7dmt. They have been copping ~15% discount from 62% Fe, so right now AGO should be receiving ~$107/dt, margin is about $17/dt, x that by 7dmt you get $119m this year, and x by 10 you get $170m next year, provided that benchmark 62% Fe stays here at $123/t and don't drop further. Huxley assumes that it will drop further next year so their profit assumptions are much lower.
 
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.