iron content

A great example of the HYPE surrounding iron ore at the moment.CFE Cape lambert iron ore 1.5 billion tonne resource at,wait for it 30%Fe.(LOL)Great for making nails,that's about it.But with benenefication using a reverse flotation method they say they can achieve a 66%Fe content.That is a saleble product.I might add that this sounds as though it is a very expensive process,and probably is more suited to gold/other presicuos metal recovery.Remember iron ore is only worth $165 tonne,compare that to the value of other metals.if this project ever gets off the ground I will be very surprised.

Don't believe the hype,just run with it.Not every one finishes a marathon.