i am going to assume you were on the sauce when you replied to my post, because its not usually your style to come across drunk, LOL.
Rocklea isn't magnetite - it's a CID. Its 53% Fe with ~11% LOI, so it'll upgrade quite well to 62% CaFe. Don't know how much will be marketable due to silica and aluminium.
I am also quite aware of the cost of mining, coct of trucking/rail, and the whole economics of Fe ore. its why I just don't rate GWR and the guys looking in the Glengarry north of Meekatharra. Way too far off in the boonies.
MMX Price at posting:
$1.41 Sentiment: LT Buy Disclosure: Not Held