The only concern I have with MGT is the 13 or 15% fe content of the magnetite. Usually this grade means it is not feasible to mine as you need to dig out a lot more and also the cost in sorting/grading etc. Yes, I am hoping NextOre helps to overcome this but as we are not including NextOre trial data in our PFS, how will we know if it is feasible? I would love one of the more knowledgeable Iron Ore posters to help me with this.
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