I am not sure exactly how much we are getting for 66% high grade...

I am not sure exactly how much we are getting for 66% high grade concentrate but I would estimate currently about $230 aud . . . that equates to $80 million pa gross revenue for iron ore alone (based on 350,000 dmt). That alone equates to gross earnings per share of 12 cents pa.

Processing costs should not be that much, considering the ore is already dug and also that the ore is already semi crushed.

Then add a short trucking trip to the rail head (by memory I think it was 12km) and then onto Darwin by rail.

On top of that we will be making revenue from recovered gold and copper.

There certainly seems room here to make a tidy profit.