Ann: Bekisopa PFS Update-Testwork suggest increased saleable ore, page-7

Good one FreddyDreadful.

Just wondering if you'd be willing to share your justification for this opinion? Or if you're just talking out of your arse?

Compare this company with any IO explorer, and I'm confident you won't find a more compelling or near term project.

For less than $15m, and less than 9,000m of drilling we have:
- A 196mt maiden resource has been defined, that has been identified as having DRI potential, and low impurities
- An initial 8mt DSO in that maiden resource, and I think there is a lot more DSO to be proven up also.
- A Scoping Study that has demonstrated a low capex/high opex operation for $55m and $52/t (OR a high capex/low opex of about $120m and $42/t)
- A preliminary pre tax NVP of $125m USD (or $200m AUD) for the first 5 years.
- An MRE that could expand the 8mt of DSO to 10, 12 or 15 million tonnes of ore
- A long awaited PFS is due in the next few weeks (before the end of March)
- nearly $2m in the bank - so we are well funded for the next phase
- The former head of Iron Ore for BHP as our Chairman
- A number of companies that have been through the data room, and awaiting the results of the PFS

I could go on, but I won't, because your low value post doesn't deserve it.