I believe their current JORC indicates a high level of silica impurities - given that Rio just took a 33% cut in their Iron Ore prices shipped to China, this doesn't bode well for a small player with lower grade ore.
Again - I admire the optimism and I'm in this boat with you however do I think DMM will make it?
I hope they do - but right now the head is telling my heart otherwise.
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