ConsMin, they are NOW doing deals at US$4.00/dmtu CIF China and at 48% Mn this means US$192/ton. Shipping price from the Port Hedland to China now stands at US$35/ton. So FOB is US$157/ton or AUD$191.50/ton FOB
Cash costs from March Quarterly report AUD$2.25/dmtu or $108/ton. PROFIT $83.50/ton.
Production 910-920,000 FY07, and expected production of 960,000 tons FY08 = PROFIT $80.1 million.
If it goes to US$5.00/dmtu the profit goes to $137.7 million.
What about chrome ore and nickel.
CSM
cosmo gold limited
consmin tex report on manganese ore increases, page-7
Currently unlisted. Proposed listing date: TBA
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