InvestorsHub Logo
Followers 13
Posts 2190
Boards Moderated 0
Alias Born 09/25/2008

Re: None

Saturday, 01/17/2015 4:19:15 PM

Saturday, January 17, 2015 4:19:15 PM

Post# of 3473
Plus we are among the world’s lowest cost producers.....so let me get this straight in your aim to be one of the lowest cost iron ore producers in the world....you will be: crushing the ore to dust size, add several processes to remove sulphur and upgrade the ore to 68%...maybe because the 68% was done in a lab or the back of a truck.
You don't know what you have in terms of reserves, so I bet it's a very big guess right now...ore with lots of sulphur that gets a HUGE discount to the LOW GRADE ORE PRICE thats already so low, most high cost mining companies will be out of business soon.

You will then load the dust into trucks to travel 100km, unload the dust at the rail spur on patch of land that has nothing....except dirt, load the dust into rail cars, unload the dust at a patio near the port, truck the dust to the loading area and finally load the dust on to the ship.
Please confirm that is what you want to do when you finally go into production....to be the lowest cost iron ore producer in the world