Every dollar that iron ore moves is a net of about $10M in HYII worth, or .0050 per share.
The reason is, cost is projected at $40/ton. Of the gross profit 10% goes to Kamikase, 20% to FCC, 15% to the Republic of Chile, 17% to tax, and $1.00/ton to the investors. So, that is 62% to others plus $1.00/ton, leaving about 38% for HYII.
So, if iron sells for $120/ton, cost is $40/ton, leaving $80/ton in gross profit. Of that, about 38% is net profit to HYII or, about $30/ton.
If iron ore moves $1.00 up in price, that would add about 38 cents net/ton to HYII. Seeing we have 40M tons in the ground, thats about $10M in worth.
Market cap right now of HYII is about $1M, but the iron in the ground could produce $26/ton x 40M = $1.04B in net profit to HYII.
The reason I say $26/ton is because iron is selling for $116/ton today.
The margins here, are ridiculous. That's why they are filing with the SEC.
Penny Stock Analyst, not licensed, but may as well be...
