Replies to post #356 on Mongolian Mining Corp. (MOGLF)

[Ponch73]

Would also be interesting to know if production was 100% from UHG mine or if some was coming from BN mine. If the latter, it might suggest something close to 2013 washed HCC production (4.3MT).

I also continue to believe, although am not modeling, that total production cost per ton of $60 is conservative.

If MCC is able to convey some meaningful proportion of its production directly from UHG to GM using its own trucks, transport costs per ton would have to decrease. 2016 annual report says direct, own-truck UHG-GM costs were $8.50 per ton versus $13.20 per ton for combination own-truck, third-party transport UHG-TKH-GM costs. Even shipping 10% of production direct from UHG to GM would mean that total production costs would drop by nearly $0.50 per ton.