award of contract(s), page-3

These discussions of $17 /lb production cost are rediculous.
At the end of the day if Hanlong can break even with exports within 3 - 4 years after production I would envisage they will easily MINE, produce and export under US$8 per pound.
An example of open pit mining report about 2 years old below
"The aggregate costs of production for Freeport on moly arent readily available, but industry estimates put the figure in the high single digits, in the range of $7-$10 per pound. Due to its scale, Freeport could be expected to have a lower than average cost, so it is probably still able to turn modest operating profits from moly sales above $10/pound. If and when Freeport gets the Climax mine up and running, the company feels it can produce moly for just $3.50/pound. However, in this operating environment, Freeport cant justify spending the remaining construction costs in order to fast-track the project."
Climax mine (Colorado USA) closed in 2008 because of GFC as the Molybdenum price crashed to about that $8 lb. They plan to reopen in 2011?

Certainly some guiding numbers which would not be far of todays prices for open pit and transport.

But the most significant model about all this pricing is CHINA will lock in Molydenum production and import from Hanlong. So obviously Hanlong will also minimise production cost once they are full scale production.
And now wouldnt they have done their sums 10 times over anyways to know what to expect.
The Chines bankers have done their surveying and will show their money in about 2 weeks or so hopefully.

How does say US$750 million investment sound for say US$20 billion minimum return maybe in 10-15 years.