Oscarwild - it's a question I've asked before too.
Nose - what is your relationship to the co.? I believe you have way more knowledge than us average punters.
No question the orebody is fantastic. In fact out of the IO juniors my limited knowledge and research says it's one of the best. Quoting another poster here who is far more knowledgable than myself (thanks fiendishredbeard off the EMG thread - don't sue me for copywrite) look at the grind sizes and resource grade:
AXO Mass Recovery 61% Fe Con grade 57% Resource Fe Grade 44% Grind size ~100um
CFE Mass Recovery 30% Fe Con grade 67% Resource Fe Grade 32% Grind size <45um
WPG Mass Recovery 38-58% Fe Con grade 67-69% Resource Fe Grade 32-52% Grind size <45um
IFE Mass Recovery 38-58% Fe Con grade 48-62% Resource Fe Grade 37-38% Grind size ~50um
GBG Mass Recovery 41% Fe Con grade 67% Resource Fe Grade 37% Grind size <45um
OST Mass Recovery 40% Fe Con grade 66% Resource Fe Grade 39% Grind size ~50um
GRR Mass Recovery 38% Fe Con grade 67% Resource Fe Grade 37%
AXO Price at posting:
30.0¢ Sentiment: None Disclosure: Held
