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Advanced Explorations Inc. ADEXF

"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."


GREY:ADEXF - Post by User

Comment by HVAN1on Nov 16, 2012 3:42pm
104 Views
Post# 20611619

RE: RE: RE: RE: RE: RE: Black Iron

RE: RE: RE: RE: RE: RE: Black Iron

"Pre-Tax Net Present Value ("NPV") of U.S. $642 million at a discount rate of 8% and a concentrate selling price of U.S. $104/tonne of iron concentrate (FOB Roche Bay) "

The $104 per tonne is FOB Roche Bay, not FOB China. This is from an AXI press release.

*

Such a mocking tone, yet you still get the basics dead wrong.

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