Bull said income is between $2000 to $5000 per ton plus royalty. I don't know how much royalty is but I roughly make it 20% of $2000 which gives $400 plus say $100 for royalty arriving at $500 per ton. As you can see, I use 20% of $2000, lower end of range. I use $100 for royalty just to round it to $500 for ease of calculation.
Cheers
IMH
imt holdings limited
Bull said income is between $2000 to $5000 per ton plus royalty....
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