HAW 0.00% 5.9¢ hawthorn resources limited

what a mt bevan buyer could make

  1. 336 Posts.
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    Let's say we have 1 BT of IO ( magnetite) and from this we produce 300 MT of high grade pellets. This is in the western BIF alone. Now let's say after all cost's eg: purchase of Mt Bevan, Rail, Inferstucture, etc. Now if we made $25 per ton clear times 300 MT that gives you a stonking profit of $7,500,000,000 ($7.5 B).
    The extra ore in the eastern BIF, the DSO in MT Alexander and the West and East BIF'S alone would more than cover all start up and production costs plus the $45 B from sale of 300 MT of pellets at say a marked down price of $175 per ton ($25t profit,$150t costs). As you can see there really is big, big money to be made. And all these calculations are ultra conservative IMHO. But if you ain't got it, you can't make it.
 
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