yes we have a pretty good idea of bingo's identity

yes we have a pretty good idea of bingo's identity though he has to use a ghost writer because those paws dont work so good for writing and bingo can correct me on the following

-somebody noticed Max had his excellent dd summary removed from ihub (at Max's request) when he was given the boot there and started this board-I worried about that because people on icrap wouldnt see the excellent dd summary-so this other person asked me for info to show how ridiculously low the pps is given the income so the following is my estimates:

Kriton 38524/ton left Apr 2nd-price was unknown but Bob says more than the 155 somebody posted at the time-spot was 175-192 during that time-both 58% and 62% ore (hadnt reportedly acquired previous 68 drill hole reports yet which led to Coloso vein from whence Loreto ore and all subsequent ore cameexcept for substantial 1-3mm already in inventory)

Loreto left Aug 7 w 36002 tons- probably 170 /ton

shipments 3 and 4 (ca 60 k tons total) paid for in Dec Bob says(as posted elsewhere)-1 source says for 140/ton-about right- spot was ca 140 then (now ca 148 last I knew)  plus premium ore

so 134526 tons sold in 2011 for ca 155/ton average or more -some juniors have negative cost due to premium ore (5/ton for every % over 62%) see Cohibaman's article in max dd summary so avg  jr miner cost is ca 25/ton plus shipping and trucking (trucking was 9.24/ton for Loreto) 1st 2 loads shipping were ca 30/ton but the Panamax shouldnt be more than 15/ton?as per my extensive calculations posted on other board back in October

so cost of ca 65/ton or less and profit of 90/ton but to be safe I only estimated 75/ton profit times 134526 tons is $10,089,000 net income (profit) because start up costs probably raise costs and are unknown but going forward costs will fall and ancillary income streams of sub 1mm iron chips, fertilizer and industrial cement to CEMEX will kick in-eventually even Al203

I think iron is 3000 lbs/cu yd-really heavy
holes 69-71 were 300 meters apart each

holes were 84,54 and 44 meters deep-1 hole-lowest elev hole stopping within 2 meters above sea level -another was hitting lower quality at bottom so stopped while testing for concentration via beneficiation plant-but all other holes gojng forward are higher in elev-up to 700 meters or so at top? not very good outside topo sources so had to use posted by me map of holes in Max's dd summary

orders 3,4 and 5 are all going on same large Panamax and 5 started trucking mid march or earlier-I dont remember what day Rocket 1st posted order 5 trucking pics at mine--I have independent pics showing order 5 trucking at port ca Mar 19-depending on size of order 5 that would be more than the max size of Panamax-(orders 3 nad 4 reportedly total 60 k tons) which are rated at 60-80k/ton but cant carry more than ca 75k because have to leave room for people,fuel and ballast

 fertilizer as is without any further processing Bob said he had an offer of 90/ton but Bobs posted by Rocket email on icrap re possible JV plant onsite w OMRI to process fertilizer would result in 325-550/ton (550 for pelleted)
the cheap 1.73% azomite fert offered elsewhere is going for a lot (does anybody remember how much) and CWRN'S fert is 55.55% iron (posted SGS analysis)-will have to be diluted or cut (as the druggies say) many times-so thats good-

150k tons 1-3mm in inventory ? plus Bob said recently (as posted) 170k tons 0-1mm in inventory awaiting soon coming trommel for separation into sub 1mm iron chips to be pelleted, fertilizer and industrial cement,plus aluminum 203 (2 aluminum atoms,3 oxygen)? question-is there less than 150 k ton of 1-3 mm now becaue of processing of 0-3mm into 0-1mm and 1-3mm?