Post by
dosco on Jun 27, 2013 3:12am
AOX includes a hedge versus gold/silver
if the industrial partner realy makes a deal to sell limestone, silicat, etc.
and the economy is launching...then AOX will profit in a big way.
to be honest, I need a green position in my portfolio.
if the deal comes, anybody with an idea what volume and profit could be behind it.
cost of producing (historic chief documents and updated it to nowadays costs) and prices for these industrial products?
I am totally free of knowledge regarding these products...
Comment by
yellowjack on Jun 28, 2013 2:14pm
What I hear for just the iron; is a cost of $40 a ton; with a value pr. ton of $100.
That allows for a profit of $60 a ton. I don't know the total tonnage that would be mined, but some numbers being banterred about are for projections of $100 to $150 million per yr. gross profits.