"Spot price of Iron Ore is roughly $200t
using an ultra conservative figure of $50t
2,400,000t X $50 = $120,000,000"
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That's an impressive figure BT.
I must have missed something here, I haven't seen it mentioned before, can someone confirm that this iron ore stock pile is fact and not somebody's assumpution or rumuor?
Its a fantastic amount of easy money if its true!!
line of lode., page-16
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