We have 129 million tons at a 32.2% grade. The Iron Mountain project in Utah has37 million tons at a 45 % grade and are shipping to China at a Hedged price of $144 a ton in 2012 and $136 ton in 2013. The Iron Mountain project is owned by CML Metals and Palladon Ventures. I cant find what their cash costs per ton are, but are debt free and making money.

http://www.cmlmetals.com/im-general-info/

http://www.palladonventures.com/s/Home.asp