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Ann: SIMEC Commences Due Diligence on Havilah's Iron Ore Projects, page-48

  1. 2,582 Posts.
    lightbulb Created with Sketch. 907
    Thanks for posting the Fe video & presentation.

    Takeaways include:

    - negligible overburden (0-5m)
    In the video, Dr Giles shows Fe outcropping at the surface.

    - Fe grade 65.2%
    As reported by AFR this week, high grade 65% Fe fetches ~ 50% premium to benchmark 62% Fe.

    Makes the economics of the project that much more attractive.

    Who would've thought that HAV's 'overlooked' Fe resources may potentially bankroll 'Havilah's Copper Strategy - Enhance by Cobalt'.

    'Mr Gupta coming to South Australia' may be a Godsend to HAV shareholders!

    DYOR
 
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