these costs are for an option for short-term cash flow, i.e., before a railway can be built
for example, SDL has no choice but to railway its ore so they cannot sell product until their railway is built
but WGO may be able to sell 1mtpa to 2mtpa shipping via barge
2mtpa of lump @ $160/t could bring in $120m cash flow per year before tax (i.e. 2mt x $60/t profit)
it is certainly a long journey because the ore must travel east then south to the Congo River and then west again to the cost (Google Earth 'Etoumbi' then trace the river east then south to Mossaka)
i estimate around 900km just to Brazzaville then another 400km by railway to port
this is just a short term things
regards
MBM Price at posting:
24.5¢ Sentiment: LT Buy Disclosure: Held