Raptor Resources Holdings,Inc. (fka RRHI)

[pitboss22]

Not who .... what!

Looking at it realistically, the company has only been able to produce LESS than 4000 tons at a cost of almost $200 per ton! Add to that the cost of processing, trucking to Shamva, loading onto rail cars and shipping from Shamva to Beira, unloading at the pad and finally, loading onto a ship. Costs which must ALL be paid by Mabwe. Oh, and don't forget Zimbabwe's cut, which MUST be paid!

Steinbock will only pay them $105 per ton FOB Beira! That is a NET LOSS OF MORE THAN $100 PER TON!

They have extracted all the easy stuff that was close to the surface. The cost of mining will only escalate as the steeply dipping and tapering vein is chased downward.