488 mt maiden resource!!! , page-6

terrible time to release ann IMO...Friday afternoon.
Few traders looking for quick buck jumping out before weekend..This needs to get some attention over the weekend etc

Start up costs, labour etc in Nigeria will be a fraction of what they are here.. iron ore price approx $100 a tonne, expected to get back up around $120 a tonne shortly. 488MT 'MAIDEN' resource is huge.. as per the announcement this is only...
'13.9km2 or approximately 15% of the prospective areas within Exploration
Licences 12124 and 8886, which are collectively known as the Agbaja Project,'

Just a note to how significant this is ..from ann. this is the..
'First ever JORC iron ore resource reported for the Republic of Nigeria.'