Hello 29 I have reread the announcement and as you said they...

Hello 29
I have reread the announcement and as you said they expect to produce 250,000 tonnes a year .
Which can be sponge iron approx us$ 350 to 700 a tonne lots coming out of India
Pig iron approx us$300 to 350 a tonne and steel billet which I am not sure of the price .
I thought the Mill was going to cost $600 mill but it looks like costing around $200 mill which is great .
$300 a tonne x 250,000 - $75,000,000 looks fair to me .
I will have to wait for the BSF to find out how much it costs to produce a tonne of each product .Your $100 a tonne suggests $200 a tonne to produce seems a little expensive to me BSF Can,t wait !!!!