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surebob

07/27/17 8:59 AM

#3244 RE: ComstockRoyalty #3241

Mil-Ler made three shipments to China during 2013, totaling ~80,000 WMT of Iron Ore at an average
grade of 57% Fe, and received approx. $100 per tonne (gross). Costs of around $61/t include mining,
processing, road transport to the Port of Guaymas, port fees and cost of shipping to China


I believe the selling price for this low grade iron ore now is in the 40's....delivered to China. Still think this project is viable?