Agree stag except shipping costs buddy... Shipping is shipping to China $35 per ton is HUGE... Ian and I talked about this HUGE cost on our bottom line. He agrees that he should partner up with another Ore player to get on the BIGGER ships for $15 P\T. That 20 mil on the bottom line.
Shipping costs are apart of the FOB Costs- if you disagree pls call Ian. If it was not I would not be as confident of a large profit in Yr 1.
I hope this is clear... Shipping to CHINA.
Cheers Jay
shipping included in fob costs, page-25
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