If you check your post, and table, above you will notice that you are the one who brought reserves into the debate without full reference to all reserves... I merely corrected an inaccurate picture.
If you read my reply you will see that I note that grade, reserve or otherwise, is irrelevant and revenue received is what matters... and the revenue received by FMG for its ore is significantly greater than the 58%Fe figures originally posted by you... no amount of abuse can alter that fact and neither can it alter the fact that you shouldn't really care at all, not being a shareholder.....
Iron ore price, page-44305
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$21.59 |
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| Open | High | Low | Value | Volume |
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