HIO is rallying hard & IRD is Development Ready, page-17

Hey Harry. Interesting point you make about the grind size. I’ve looked through years of IRD data and they have never mentioned anything other than 106um. Are you saying that with further processing they too could get an fe grade of 70%. Is a higher grade more desirable than targeting the sinter market or is it the case that the coarse grade provides cost efficiencies and most importantly means the use of the traditional tailings dam is not required. Tailings dams appear to be a big issue, as would be the case for new mines with the need to get their grind size down to 26um, to achieve their level of grade.