HAV 2.56% 20.0¢ havilah resources limited

Ann: SIMEC Commences Due Diligence on Havilah's Iron Ore Projects, page-56

  1. 519 Posts.
    lightbulb Created with Sketch. 85
    I did write a longer reply and then accidentally deleted it.
    Anyway point made, the resource is not 65%, the product is 63%
    thanks for seeing the logic EastWest, I thought it was obvious

    why can CAP supergrade to 70%, why cant HAV do that ???
    the Co's are an obvious comparison, and CAP ore is 15% Fe while
    HAVs is up to 30% Fe
    According to CAP Fe pricing, 62% is $ 65/t while 70% is over $100/t,
    seems like its worth the trouble
    we have the low impurity etc etc
 
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