Ann: Quarterly Activities and Cashflow Report, page-64

BCK
Resources and Reserves
Marillana has a significant Mineral Resource estimate of 1.63 Bt of hematite

Reserve classification Tonnes (Mt) Fe (%)
Proved 133 41.6
Probable 868 42.5
TOTAL 1,001 42.4(%) CaFe

Based on extensive beneficiation testwork, the Beneficiation Feed Ore Reserves are expected to produce 378 Mt of final product grading 60.5-61.5% Fe, with impurity levels comparable with other West Australian direct shipping hematite ore (DSO) iron ore producers. The CID Ore is a DSO product which would be prepared for export as a separate product, resulting in the Marillana Project producing in excess of 400 Mt of export product. At early 2014 prices, this product has the ability to generate revenues of greater than A$40 billion.

Fms 288mt will generate revenues of greater than A$25 - 30 billion, according to BCK's figure above. and protential more io will be discovery, may can generate more revenues to A$40 billion.