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Cotton & Western Mining In CWRN
Posted On: 05/14/2012 4:59:37 PM
Post# of 8059
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Posted By: microcaps
Re: microcaps #810

Revenues-3rd and 4th orders of ca 60k tons -CEO Bobs posted email-paid for by buyer at port-most likely Bao-because Bao had an interest in CWRN jump starting more equipment/larger pro.

This 60k tons was -independent source-ca 140/ton-which was spot at time-and CWRN based on spot as noted by Nov 17 PR etc-spot pricing is the common pricing regime last 2 years based on actual market contracts

The probable 4.2 million profit from this went to more equipment
exotic looking cat8 dozer
customized trommel w heavy duty components -would cost 1.5 million new (grajekk)
Terex 400 loader w double capacity of CWRN's other loaders -for loading tommel w 20k tons 0-1mm-feel free to mention additional equipment u guys saw in the pics since Dec

there were additional dozers etc along the way I haven't mentioned-but this shows how a large proportion of every sale is going into more equipment to speed up production-"almost every nickel is being reinvested into the mine in the form of equipment"














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