RE: RE: RE: RE: Poor investors !!LIKESLT - Read the NR again....it states "The permit will be transferred to Engle Hollow Mining, LLC which will mine the leases under contract for a price of $40.00/net ton loaded into trucks to be transported to market"
Does this not tell you that Engle Hollow Mining is being paid (as a sub contractor) $40/tonne. NAG will be marketing this stuff at $58 with no additional cost other then the regular overhead that they already incur and marketing costs.
The question is, can you read? Oh, cant forget "I repeat", go SPAM elsewhere junior.
----------Original Message Posted 9/10/2009 4:00:36 PM----------
Hhappy: Still can't read eh.They are paying $40.00 a ton for the coal will sell for a minimum of $58.00 a ton. DUH!!
lease cost: 40
sale price: 58
the question is production cost, management cost, transportation cost ...
How much profit left after all the cost.
No money for waste or mistakes. We are not allowed to dig in wrong places.