freight costs, page-3

100% profit? Capital return after 2 years? Please point me to where I can get that, I'd love to know.

Your points are valid and yes it means the operating costs are higher than they would if you invested in all ths yourself (at much larger capex cost) however no-one is looking for a 2 year pay back and a 100% profit. Also consider that the sign off with MAK also helps the consortium to expand their operations in the region (through guaranteed source of revenue) and they would be looking to acquire other business as well.

The costs are laid out. We know what the opex costs basically are, and if anything these are likely to be less than more. At current market values the project will be widly profitable. As some mentioned the RP price is the dominating factor for MAK success, not the transport costs.