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Given the 20% cut-off grade level (I had been using 10%) I...

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    28/09/12
    14:48
    Post #: 10786968
    Given the 20% cut-off grade level (I had been using 10%) I reckon 488Mt at 43% is a terrific result.

    Section B alone has 347Mt at 46%. To put that in perspective, AKI had a total of 121Mt at 46% and was taken-over by Exxaro for $338m (for its 92% stake).
    EIO Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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