if you read through the announcement on 27th April (Third...

if you read through the announcement on 27th April (Third Quarter Activities & Cashflow Report ) you will read the following.

Completed geophysical modelling of the entire 27km strike length based on ground magnetics surveys. This modelling shows that the magnetite bearing ironstone is continuous along the 27km strike and is similar in structure to the section already drilled.

So what does this tell us?

FWL estimated 75million tonnes. They got 112million tonnes .

as touchingcloth stated, pound for pound FWL is one of the best iron ore investments on the market.

regards.