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Ann: Iron Ore Scoping Study Update, page-2

  1. 297 Posts.
    lightbulb Created with Sketch. 68
    All good news.
    processed up to 65% Fe
    40% Recovery
    3.5 billion tonnes
    Interesting that they talk about the dry processing as an option.

    Leaves me thinking that at the end of the month the announcement regarding SIMEC's exclusivity of GIB will role over and continue. In exchange for exclusivity continuing SIMEC will fund the PFS which will include infilled drilling to get GIB to JORC status. Maybe a 6-12 month timeframe to complete PFS? I hope there is a few dollars in there for HAV as well but have my doubts.

    Cheers
    Justhavinago.

 
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