interesting no replies, is it because no one knows the...

interesting no replies, is it because no one knows the answers?

big question for liberdade for me is the transport costs for the iron ore... if they cant organise a rail contract to transport the iron the project doesnt actually seem commercially viable...

if they get $70/t for the ore
- $8 mining/beneficiation cost
- $16 for rail transport or $44 for road (worst case)

that means gross profit per tonne could range anywhere between

$46/t for rail transport
$18/t for road transport

at $18t it almost doesnt seem worthwhile? i hope they are hard at work negotiating with the rail network owners...

everyone have a read of the presentation?