extra income streams-something probably has not sunk into traders consciousness yet is the many coming extra income streams--the cement byproduct is already paying much of the overhead as Rocket posted-and its merely trucked to CEMEX's Ensenada plant

1-3mm are themselves a byproduct of lump ore processing

200k tons of 0-1mm have by now presumably been separated by the trommel into iron chips to be pelletized and fertilizer-and this byproduct of a byproduct of main pro is only a small percentage of main production

Recent batch of pics showed a truck leaving w industrial cement-which is sold to CEMEX-trucked to their Ensenada plant-so that will be an ongoing activity/income source totally independent of shipping. This alone is reportedly already paying much of the overhead.

Also aluminum 203-alumina-

So that is 5 byproducts total from the main processing.

Some jr iron companies have negative cost due to premium ore-I've posted a chart of such and most co's on chart had cost of production below 25/ton-then add shipping and trucking(9.24/ton for 2nd ship).

Not only does CWRN have premium ore they have these extra income sources which are beginning.

Possible JV w OMRI-organic fertilizer organization/distributor to process fertilizer onsite- pelletized processed fertilizer brings 550/ton -see posted info and Apr 13 etc PR

possible JV w Bao re beneficiation plant etc-see previously posted info and Apr 13 2012 PR

possible other news re Bao and CWRN-now that Bao has allowed some type of relationship w CWRN to be revealed for 1st time in Apr 13 PR