How can you guess $40 a tonne profit, I can't find fob or delivered costs anywhere. Some one said those sort of costs will be kept close and not shown why not? Every miner who is seriously looking to get a mine up shows costs either in scoping study or in a company update. Those that are hiding something don't. If they put fob costs at 75 aud you could easily say there looking at 30 aud tonne a profi. But the guessing with no track record of any project management or not having done it before says to me the Chinese have been caught out by empty promises. Ether the project stands up or it doesn't to not give the market costings says its marginal.
FAS Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
