4 billion tonne iron ore target at 70% fe, page-10

there are several DTR over 20% - up to 25% as there is a thicker higher grade band running through the 18% grade siltstone. bulk mining will be comparatively easy as mineralisation starts just below the surface. the market's caught onto this one. it will rapidly rise and management have a well defined strategy of turning projects over to find company makers like this. i also like their coal prospects (recently JV'd).