twenty million tonnes of high grade iron ore, page-45

bungy, rereading the posts..... you said..


"Now the big question for my mind, which will be answered in time, is how much of that altered BIF will be blended with the high grade stuff?"

I have not given any credit at all for the BIF, and can only presume it will be mineralised waste at best... am I missing something? I have paid no attention to it and may have.... I do note that UMC finished the holes once they were sure they were in BIF, so presumably they have not valued it either.

Cheers, Tony.