Ann: Trading Halt, page-24

They do include shipping as presentation of september says: "Assuming first year tonnages suggested by trading houses and end users (reported to ASX 16 August 2018) of
300,000-600,000 tonnes of CCM and 150,000 to 300,000 DBM the potential gross profit in the first year (based on
selling prices provided by potential offtake partners as originally reported to ASX on 31 July 2018 and 16 August 2018
and after deducting costs of quarrying the rock, crushing, sorting, handling, haulage, shipping, and processing which
were estimated on the basis of quotes and information provided by contractors and end users) is as follows:
• CCM tonnage at 300,000 tonnes in first year: $40mln to $50mln at currently quoted prices
• DBM97 tonnage at 150,000 tonnes in first year: $110mln to $130mln at currently quoted prices
• DBM98 tonnage at 150,000 tonnes in first year: $180mln to $200mln at currently quoted prices". I expect that Marketing and admin will be minimal.