It has not yet rained and you are worried about flooding. Let the mining people decide about the cost of investment. No free lunch anywhere. Do you think the GoB itself will buy machines, dig holes, put railway lines inside the holes and hundred other things? it is the mining companies that will do these and will get the share of profit.
India is rich with iron ores. So, let us hear about your experience there. What is your good idea? Do you think the GoB will invest $750 billion to get the iron ore that will be sold at $750 billion?
Had to scroll back and see where you are getting this 750 billion dollar nonsense from.
Lo and behold, bangla math + logic as usual:
https://defence.pk/pdf/threads/bang...-discovered-in-dinajpur.623709/#post-11556135
7.5 billion metric ton?
https://www.statista.com/statistics/267381/world-reserves-of-iron-ore-by-country/
Wow in just one iron ore find, you found more iron ore than India or Canada has! And more than double that of the entire US!
I will let you revisit your "calculation" and find the big doozy you did wrong/assumed....and even had other BD members hit like in their happy groupthink fervour lol.
Once you put out more sensible figure, then you can apply what the capital costs of recovery will be and if its feasbile for BD to afford:
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https://www.investopedia.com/articl...iron-ore-market-works-supply-market-share.asp
Cost is Key
The operating costs of the top four iron ore producers are among the lowest in the world, and the barriers to entry for suppliers to the market are high. A fully commercial iron ore mine requires heavy capital investment in infrastructure like rail lines and heavy machinery. Upfront capital cost for mines can run anywhere from US$160 per metric ton to US$240 per metric ton, depending on the type of metallic iron that is economically retrievable at the mining site.
Operating costs also vary, depending primarily on the scale of operations, the distance to market, government regulations and the cost of fuel.
Data from company reports suggest that the cash operating costs of the big four mining companies are US$23.6 per ton for Vale (NYSE:VALE), US$20.8 per metric ton for Rio Tinto (NYSE:RIO), US$25.89 per metric ton for BHP Billiton (NYSE: BHP) and US$51 per metric ton for Fortescue Mining Group (OTCBB:FSUMF).
There are, however, many other iron ore mining companies with cash costs that far exceed US$60 per metric ton, and some companies have costs as high as US$120 per metric ton.
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Just remember this.....one of the other poster in here (parallel supporting your big fanciful dream) is the same one that called you a false flag account of mine. He is same guy that is scared to return to BD and show his effeminate homosexual face to his parents....so he simply overstays his visa in caliturdia in whatever sanctuary city there he has found
refuge refuse in.
So really when your view lies up with such a decrepit piece of failed sewage shit, you should have pause to think and re-evaluate.
After all its the same guy that has posted multiple threads about the thousands and millions of refrigerators that will be exported to Thailand by Walton (back in 2015)....that BD will be exporting huge amounts of motorcycles under "Runner"/"Walton" by now (back in 2016)...and that BD will be a mobile phone exporting superpower (back in 2017) and whatever else he found in 2018 (lost track...and it got boring seeing him copy paste and spam).
I mean you are more real fellow, you know the deal with BD regarding basic things like needles and sewing machines for its most basic capital needs. You have seen the big dream promise of Dhaka metro running how many decades...and how late it finally happened....and even then, something so basic going at snail's pace.
Then you have seen the big bold promise for BAF fighter acquisition and alladin skyscraper project and what not.
So I simply say, you can wait and see what actually materialises and in what time frame for something like iron ore mining in a super population dense country....run by BAL of all people. Same country that manages about 2 dollars per person invested outside....is supposed to draw some interest from mining companies and big loans for big capital investment........when it cannot even do sustained simple capital transfer for RMG (which it has a big leg in) from China (if the model is so easy as claimed).
So you can simply wait and see, its that simple. The trend so far is terrible....so occam's razor is very easy to employ to predict.
