I've been looking for concession fees in Mexico to try to figure how much brad pays in such fees/year on his 1.2 million acres empire but havent seen any such enumeration- at just $1/acre such fees would be 1.2 million/year

madflight discovered and posted a Navial NI 43-101 done in 2010 on 1 Navial property - but w prices slated to fall over time from unseasonably high prices- its a mystery why greater efforts would not be made to ship large quantities while the iron historically speaking is still hot

the big 4 w unbelievable greed are shoving as much supply as possible- 1st for greed- and secondly to eliminate /shut down rival production by lowering price

so it would make no sense to me to be waiting for higher iron prices,esp when cwrn would have a good profit even at todays current prices

normally people want to see profits as soon as possible to inter alia fuel growth internally


How Chinese Mining Companies Sustain Organized...
https://news.vice.com/article/how-chinese-mining-compan...
Jun 25, 2014 ... Miguel, a Mexican iron ore miner, told us Chinese and Korean ... the miners claim that Asian, often Chinese, companies also pay fees to the cartels. .... pay anything for the concession, and they hired companies to extract the ...