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1 - 2 billion tonne of dso haematite for $140m, page-2

  1. ddzx
    37,911 Posts.
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    03/03/11
    16:38
    Post #: 7991225
    WGO EV/t = $0.14 to $0.07

    Compare to SDL.

    Divide SDL's 2,325Mt of magnetite by 2 to equate it to hematite and then add 415Mt of actual hematite

    SDL's EV/t = $0.82


    MBM Price at posting: 43.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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