hanlong mining, page-8

Hi valinvestor,
you forgot that to get to the iron ore there is to built a road to the mine, to stockpile the covering soil etc.
Those things a priced in until 31th Dec. (~120000$)
There is only one shipment, I think about 7mio$, til that date. The next shipmnts are to be found in the first Q.2011 !
(you should look at pages 39ff, especially point 6.OTHER)
31th dec.2011 report should tell a total sales income about 80mio$.

all figures are due to my memory and to be validated in the actually report.