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1.3¢ ausquest limited

Ann: Drilling commences at Morrisey, page-2

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trousergecko

4,540 Posts.

1412

22/04/24

19:43

Post #: 73463658
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Could be the start of a new Green Iron ore province. Course grain magnetite that can be benefacted to about above 70% iron via magnetic separation. Much better than high grade Pilbara mining (around 62% at best), even prosectively better than Simandou, that has been labelled a "Pilbara killer", definitely could be an FMG killer. All about green house gases, the higher the grade less CO2 and energy required to convert to steel.

A long way to go, I know boring iron... but S32 is looking and testing for some reason.

Last edited by trousergecko: 22/04/24

AQD Price at posting: 1.1¢ Sentiment: None Disclosure: Held
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0 Great analysis

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Last 1.3¢		Change -0.001(7.14%)		Mkt cap ! $10.72M

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