since Lion can not or is not able to explain his data, there are...

since Lion can not or is not able to explain his data, there are IMO only two reasons for his opinion.
first, he wants to keep the shareprice low to buy;
or
second, he has made an error in his calculation, the Mo is traded in lbs or tons, which is 1000kg. but one pouns is only 453.6g or 1kg is 2,204lb.

Since the 17 $/kg is about 8$/lb, and added the currency differences between USD, CAD and AUD, this is my favorite solution.
IMO the chinese investors and bankers did their homework and calculated their own profit for the given money in relation to the existing mineral resources.
Id like to know what loss is buried in the ironore pit, Mr. Lion??

dubble profit is the real thing...