i (rotso)
At this stage,the resource of lets say 1 billion tonnes would depend on grade of Itabirite and recovery figure after beneficiation.
This could be if around the same as SDL,400 million tonnes at around 65 to 68%Fe.
Still worth a lot of money for pellet feed.
They still have a lot of drilling to do over the entire tenement.
Their biggest hurdle will be getting cash to get to producing.
Regards
Westcott.
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