Trucking as per May 26 2011 PR was ca 9.24/ton and

Trucking as per May 26 2011 PR was ca 9.24/ton and they were hoping to get shipping at 16/ton for next ship as per publicly posted info- dont remember exactly where but see Sept 2011 and Nov 17 2011 etc PR's etc-

Bao showed itself to be willing to wait until they can ship ore on the return leg of a cargo ship to save on shipping. As per summer 2012 website they still have the shipping facilitator Dillon mentioned in the Sept 2011 PR

So you can do the math to recognize they are still very profitable when they can get past govt games and red tape- plus as noted the 200k tons plus byproducts will give them a negative cost