ELE 0.00% 0.5¢ elmore ltd

Ann: Trading Halt , page-19

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  1. 8,602 Posts.
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    Hi (joeborgo)

    That is a ridiculous statement about bigger size meaning a multiple of 20 of iron ore resource.
    The new tenement could have less iron ore then the 6 hectare tenements.
    You could have a block of land of 1000 sq kl and not have any iron ore,or only 500,000 tonnes.
    Size has nothing to do with how much iron ore could be on the tenement.

    Regards
    Westcott.
 
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