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AISI304

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AISI304

Re: None

Tuesday, 11/06/2018 6:02:03 PM

Tuesday, November 06, 2018 6:02:03 PM

Post# of 40
Atlas Iron issues its September 2018 Quarterly Report. Investor tems of interest follows.

GTLA

http://www.atlasiron.com.au/site/PDF/8577_1/September2018QuarterlyActivitiesReport

Summary

- 1.9M wmt shipped in the September Quarter

- C1 cash costs of A$40/wmt FOB; Full cash cost of A$64/wmt CFR

- Average realised price of A$67/wmt CFR, inclusive of hedging gains and
provisional pricing adjustments

- Net cash generated by iron ore operations of A$6.4m in the September Quarter,
after interest and financial instruments

- Cash on hand of A$51m at 30 September (30 June 2018: A$57m cash on hand)

- Hancock Offer closed on 12 October 2018, with Redstone’s voting power in Atlas
exceeding 90%

- Redstone intends to initiate compulsory acquisition to acquire all Atlas shares that
it does not already own

- If Redstone is entitled to do so, it intends to procure that Atlas is removed from the
official list of ASX

Nothing I say, post, or do should ever be considered financial advice. It is just my personal opinion. I may be holding a long, short or no position. I am NOT or NEVER have been compensated to post on here and my posts are for entertainment purposes only.

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