zav, you may well be right - but if they want a 20+ mine life they will need mimimally 350-400MT at 30% magnetite right - hence why they are plugging away at the other prospects. I think Fe1 will be around 120MT as it goes very deep so not sure how they will mine it - I guess open pit is possible?
Nickel sulphides - yum yum... a strategic metal.
been scooping up a few more recently and will take up the rights.
GL to all.
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