very good post pt. apparently historical results indicate a resource of at leat 10mt of magnetite. as you would understand very low cap ex is required given their proximity and also a established mine adjacent to the prospect. hopefully they can upgrade this amount with the promet report due very soon. looks very close to the trf story...went from 40c to 65c and then up to $2 (and then back to $1 due to the spin out into IFE)
looking forward to upcoming iron ore results, page-10
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