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Cotton & Western Mining In CWRN
Posted On: 04/13/2012 11:56:32 AM
Post# of 8059
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Posted By: microcaps
Re: balihi #404

To date CWRN has mostly been selling larger lump iron-originally 3-18 mm but hadnt sold a lot of 1-3mm sinter fines (85% of market value of the larger lump iron). When CWRN begins a dedicated process of selling the reported 150k mt of 1-3 mm and now a reported 170 k tons of 0-1mm-which includes the fertilizer,that should really mulitply the bottom line. Fetrilizer figures reported by Bob were $325-550 ton-the higher figure would result from pelleted fertilizer produced from a possible JV w OMRI via plant built on site. 














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