Good Day! Guys I need your help about pricing. My family have a Lot size 50,000 sq. of land here in our country. Which is rich in Iron Ore, Copper Ore, Chromite Ore, Zinc, Platinum, Manganese, Antimony, Lead and Nickle. We just found this out after we get a sample and let the specialist see it last month, 65% of it is Iron Ore. After searching in Buying Leads in Alibaba.com I found out that there are lot of inquiries for buying this kinds of mines, especially in China and India other in Bahrain. I told my family about this and we are planning to contact those. Now did someone here know how much is the worth of 65% Iron Ore per metric ton? Please help me to find out what's that minimum level of this price because we are planning to sell this mines to other country. This will be my families long term business. As a 19-year-old I will be handling and dealing with the buyers for this. I hope some of you can give me some information of the price. Thank you.
Not trying to sound mean, but I think this a webmaster forum is not exactly the best place to ask. People here are mainly specialized in websites. Perhaps one or the other knows about real estates, but I wouldn't rely on getting decent replies here. Try searching for a real estate forum.
Yes I guess, but trying to find answers here if any. Thanks for your help on RE forum. Do you have any idea what forum is it? Thanks for your help too.
It's not very expensive to buy 99% pure Iron Oxide (either Fe3O4 or Fe2O3) - say $40 per kilo. So I suppose that works out at around $40,000 per ton. The only problem is that yours isn't worth that much because it is impure and requires lots of effort to extract and purify - it might be worth maybe $2,000 per ton but I'm just summising.