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Friday, March 25, 2011 11:26:10 AM
In reality cost is going to be a relatively fixed number per ton with the only variables being the cost of fuel relating to the cost of operating the machinery at the mine and the cost of trucking to the port. Everything else is relatively fixed or controlled by a contract.
We won't know the true costs until we get financials, but my guess is that it will be less than $90 per ton before amortization of the notes to buy the equipment.
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