From everything we know CWRN's cost of production (which excludes shipping and trucking) would be in the bottom half of this graph (less than 12/ton or so) and once the over 200k tons of sinter fines and fertilizer byproducts are sold,they will have a negative cost of production- see top sticky post

Ore was only 10-14/ton til 2002-its meteoric rise since then is what caused the illegal mines to sprout due to high profits, which has caused governments to throw lots of red tape at the problem, and in Indias case their Supreme court blocked exports as per previous posted article until the govt can get an enforcement handle on the problem, making former large exporter India an importer,which may be why CWRN included IND (India?) on its new export license