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

CWRNs last ship- their 1st Panamax- the green ship

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Post# of 8059
Posted On: 09/19/2013 3:52:24 PM
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Posted By: microcaps
Re: microcaps #5122
CWRNs last ship- their 1st Panamax- the green ship here- left ca May 19 w over 68000 tons ore-

looking for more, plus ships to send an estimated 135000 tons of fertilizer,as of june 2012,to the USA,and bingo indicated the fertilizer would be well over 200/ton- see his 9-8-12 post.

Plenty of inventory -apparently working thru transitional issues and picking up on and learning about and making previous relationships their own,plus negotiating w the Chinese is never easy as bingo said.
If they could just come to a long term contract they could put out a lot of ships w inventory being a minimum of 300,000 tons to produce 200,000 tons of 0-1mm fert and sinter fines-being extremely conservative because traditional ratios would indicate over 2.5 million tons  to produce 200,000 tons waste byproduct of 0-1mm by june 2012


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