Go on then followme,
do you know ANY steel producer who would buy Fe with a 10% Silica content?
If this problem is SO overstated, then please explain why.
Whether its next to a train line or not their current resource is rubbish that nobody wants to buy (except you in the form of an illiquid stock holding).
The magnetite looks interesting - but it costs 100's millions to dig up, and turn into pellets. There are better magnetite plays in the Pilbara which are closer to port (AXO?).
Hematite wise, there are much better prospects out there, eg: POL, PLV, UMC. There are tons of micro-cap iron ore stocks too, ROY is one of many.
You've been ramping this for weeks, dishing out the same old screenshot. Time for you to do some real research.
You can start off with this:
Who will buy 55.5% Fe with 10% Silica?
If you think DMM is worth $10 a share, yes you did say that, then you must have found someone who would buy their rubbish.
Joel
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