Sounds good-I believe there was NDA w BAO-Bob woul
Post# of 8054
![Avatar](/images/ProfileImages/752_guyam_island-dsc00783.jpg)
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
![Like This Post](/images/thumb-up.png)
![Dislike This Post](/images/thumb-down.png)