"Ore at 27% Fe, poor recovery to magnetite, poor concentrate Fe grade compared to other non-producers in WA, no power, no water, no rail corridor pegged, no State government support... "
reroc,
It seems the Chinese are sucker for punishment. Sino Iron project, Kararra, Cape Lambert, were used as 'experiences' to fine tune magnaetite projects so maybe afterall they ramped up the appetite for hogh risk ventures to come in at Bleyer;s invitation.
PDY Price at posting:
3.3¢ Sentiment: None Disclosure: Not Held
