Another observation whilst looking at income / costs etc...

Another observation whilst looking at income / costs etc :

Thought we could 'bench-mark' as follows:
Neighbour 'South Gobi Resources' Sept 1/4 report:
Sale 1.37 mil tonnes ~ trucked (no rail I believe)
Cost @ $22.64 p/t ~ $31.01 mil
Sale @ $54.00 p/t ~ $73.98 mil income
Margin @ $31.36 p/t ~ $42.96 mil !
Equates to turn-over of $295.92 mil p/a; however they are cranking up.
Margin is at $171.85 mil p/a on current result for 1/4.

http://www.southgobi.com/s/NewsReleases.asp?ReportID=489914&_Type=News-Releases&_Title=SouthGobi-Resources-Announces-Third-Quarter-2011-Financial-and-Operating-Re...

So, dyor, but in a matter of time, our Co will start to reflect the potential income from licences held north and south, imo.

Cheers :)