Kingferrous
Yep I accept in a bull market for iron ore (as we have now) all sorts of stuff can be sold, however it will be at a discount to market. The problem comes when the market is not too strong.
With a find grind I suspect that we are talking a big benefication plant that and that means extra cost, combine this with a discounted price due to the high
Si02 and i am not sure it will look too good.
It will be interesting to see the results from the drilling done late last year and the metallurgical work on those samples too, maybe it will look better
Would like to see a strong strategy from AON on how it is going to proceed and how it sees the issues with Mt Oscar before I bought back in.
Not sure how much of FXR's market cap is due to thier Mt Oscar or the Nickel they have. FXR seem to be less keen on the iron potential at Mt Oscar than they were say 12-18 months ago. I wonder if the is a message in that.
Hope it goes well
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