Nightspore,
The following is out of the book and shows that Phil Thomas is totally right and knows what he is talking about.
The typical grade of iron at which a magnetite-bearing banded iron formation becomes economic is roughly 25% Fe, which can generally yield a 33% to 40% recovery of magnetite by weight, to produce a concentrate grading in excess of 64% Fe by weight. The typical magnetite iron ore concentrate has less than 0.1% phosphorus, 3-7% silica and less than 3% aluminium.
As I said before ADY wil have a good day tomorrow but will be even better in the medium to long term.
good luck
jojo
- Forums
- ASX - By Stock
- ADY
- some q and a from the ceo
some q and a from the ceo, page-8
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADY (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
-0.002(22.2%) |
Mkt cap ! $11.40M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $4.984K | 642.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1320820 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1210000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1320820 | 0.007 |
6 | 1400000 | 0.006 |
6 | 1157440 | 0.005 |
5 | 2150120 | 0.004 |
1 | 600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 200000 | 1 |
0.009 | 2539287 | 2 |
0.010 | 995195 | 4 |
0.011 | 464523 | 2 |
0.012 | 201360 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
ADY (ASX) Chart |