MBM 3.33% 3.1¢ mobecom limited

these costs are for an option for short-term cash flow, i.e.,...

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    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
 
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