EIO 3.57% 29.0¢ energio limited

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

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    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).
 
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