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Cotton & Western Mining In CWRN
Posted On: 08/13/2012 12:41:33 PM
Post# of 8059
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Posted By: microcaps
Re: Kubi5 #2248

I agree-I was just wondering whether they would take advantage of current low prices to focus more on shipping fertilizer -which should not be affected much by iron prices. Juniors have lower costs than the majors-as I've posted from a chart most juniors have a cost of production below 25/ton-some a negative cost due to premium ore. And the ca now 210k tons of 0-1mm waste of waste product  could have a sale price near 20 million-which has to exceed CWRN's total cost of production to date by many million I would think-see sticky trommel essay!!!


So when they sell the trommel processed product that will imo no doubt give them a negative cost of production. Trucking and shipping are separate from production-but net from 0-1mm should also more than pay for trucking and shipping to date.


costs for trommel product are just the trommel and the mag sep for the 0-1mm and the terex 400-which seems to be used more for other operations from the pics while an excavator has been shown loading the trommel.














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