Mongolian Mining Corp. (MOGLF)

[OMOLIVES]

Well.........:

5. To be fair, of those four customers listed, only one was located in Inner Mongolia (Baotou) whereas the other three were located in Tangshan (on the eastern coast). His bigger point was that, by virtue of having to sell through middlemen all the way from the Mongolian border through Inner Mongolia to Tangshan, MMC is forced to accept a more discounted price. He thought in a more normalized pricing environment (e.g., no supply disruptions in Australian coal country), MMC would have trouble generating much of a gross margin on their sales. In other words, he didn't think they could price their coal much higher than their fully-loaded cost per ton of $60.

All goes through Inner Mongolia. I just posted the most current price paid there(900). Further..how does MMC have more of a disadvantage than other mining co's there(Mongolia)? And finally......you have their average selling price vs cost currently. So?...."In other words, he didn't think they could price their coal much higher than their fully-loaded cost per ton of $60." .... um...you have/had the numbers reported.....so not following these "fully loaded" costs...what are those?