Assuming currency of .7850 as noted below - we are currently sitting below .072.
Forecast break-even price on track to reach to US$50/t Platts 62% IODEX Fe (assuming currency of 0.7850 and other assumptions per glossary)
Full Cash costs fell to A$55/WMT CFR (pre collaborating contractor margin share) in the month of July from A$66/WMT CFR in the June Quarter. Atlas’ average realised sale price for July was A$57/WMT CFR.
Changing sentiment to "buy" but still a speculative play with money you can lose. AGO future is still nevertheless tied to the price of I/O