ca 154,526 tons sold now -w order 5 reported sold

ca 154,526 tons sold now -w order 5 reported sold weeks ago. Of course the Qin Hai ship left w ca 43800 tons,leaving ca 36200 tons at the dock (3rd order of 36 k tons, 4th order of 24k tons and 5th order of 20k tons -all posted before to other sources-all of which has already been paid for as per those sources and thus included in the net income).

At a very conservative 75/ton (average of ca 50% profit) would have a net income of ca 11.6 million

If profit is 85/ton- now avg of ca 150/ton for all sold ore less 65/ton costs is ca 13.1 million.

at a PE of 12 a 13.1 million net would be .036pps-I've been using PE of 15  as an example because,as explained in this series of posts in pennyland speculative PE averages ca 50-sometimes as high as 1000 plus.

Big boys usually have a lower PE of ca 8-12 because they have higher costs etc-sometimes much higher-you can see why in the example grajekk posted where the Wuhan Chinese steelmaker (smaller than Bao) bought either 40 or 60% of a Quebec iron company and is going to spend over 2.5 billion to build a rail line to a port and buy 98 locomotives and 7200 railcars!!! Grajekk have you posted that here?
This doesnt count the revenue from the cement byproduct or fertilizer or pellet feedstock etc

All my dd of publicly avail info-none of this whatsoever is from the company