What is a sale of Argyle iron worth ? = nothing much.
We require cash a HUGE injection of $'s at Argyle from China RE: Production Urgently. Like FMG
WE DO ALREADY HAVE HIGH Fe 60% +
Here is some old results pasted below.
(Drill results at the Argyle Iron Ore
Project have returned further high grade haematite iron ore mineralisation. Highlights from these latest
results are:
AI05RC139: 7m @ 60%Fe 7.65% SiO2 4.08% AI2O3 and 0.01 %P
AI05RC151: 7m @ 60%Fe 7.54% SiO2 3.55% AI2O3 and 0.01 %P
AI05RC152: 11m @ 61%Fe 5.47% SiO2 3.20% AI2O3 and 0.02 %P
AI05RC412: 2m @ 61%Fe 5.27% SiO2 3.47% AI2O3 and 0.07 %P
AI05RC435: 2m @ 61%Fe 4.96% SiO2 1.48% AI2O3 and 0.01 %P
AI05RC435: 3m @ 60%Fe 5.45% SiO2 2.57% AI2O3 and 0.01 %P
AI05RC453: 2m @ 61%Fe 5.21% SiO2 2.37% AI2O3 and 0.01 %P
IF 27: 2m @ 62%Fe 8.18% SiO2 0.68% AI2O3 and 0.01 %P)
I will be buying heaps of RMI if it is "China/IRON at Argyle" I have been in this company since 2003.
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