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  4. Cotton & Western Mining Inc. (CWRN) Message Board

Sounds good-I believe there was NDA w BAO-Bob woul

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Post# of 8059
Posted On: 04/15/2012 5:45:23 AM
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Posted By: microcaps
Re: DevilDolphin #416

Sounds good-I believe there was NDA w BAO-Bob wouldnt even whisper privately re Bao-so that was strong evuidence to me-and limited even PR's re shipping-as that impacted Bao's role as a purchaser and Bao didnt want competitors to know where they were searching-generally or specifically-for new supply until it was locked down. Theres still a lot to PR in future-maybe not 1 /month-but I would expect greater PR flow now.


Fert business- sell at 90/ton for "unprocessed" product or JV w OMRI w a plant onsite and sell processed product for 325-550/ton-eliminating the middleman.  "Unprocessed" fert itself is a by product of a byproduct-process for lumps-by product is 1-3mm,by product of that is 0-1mm,w aid of trommel ironchips are separated from that 0-1mm, leaving the iron chips to be pelleted byproduct, the fertilizer byproduct and the Cemex industrial cement byproduct.


Its these ancillary income streams that allow companies to produce ore at a negative cost-and many junior iron miners produce ore at a negative cost(see article poste by cohibaman in Maxs dd summary) even without these extra income streams because they have premium ore (premiumof $5/ton for every % above 62%). Coloso vein itself tested 64-67 %(posted SGS analysis-see Max's dd summary)and as u get farther from veins % will go down -thus the beneficiation plant to take advantage of the lower % ore-so they can utilize more of the iron ore


Also shipping info, Naz,Cemex and the usual suspects-uplisting etc 



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