EDIT OF ABOVE POST DUE TO ERRORReport In part states ......"The...

EDIT OF ABOVE POST DUE TO ERROR


Report In part states
......"The technical review undertaken by Metalytics, a highly regarded specialist consulting firm to the iron ore andsteel industries, has benchmarked projected iron and mass recoveries from the Company’s Central Eyre IronProject (CEIP) with comparable Australian and Canadian high-grade iron ore concentrate projects. It has alsoassessed key characteristics of CEIP concentrate in the context of high-grade iron ore products in internationaltrade. The CEIP hosts Australia’s largest magnetite Ore Reserve with a Definitive Feasibility Study (DFS) and postDFS optimisation studies complete.As outlined in the 19 May 2021 announcement, a key finding of the Metalytics report is that the coarse grain sizeand moderate hardness of the CEIP ore make it possible to reject 60% of the run-of-mine (ROM) mass early in theprocessing stage at the Rougher Magnetic Separation (RMS) step."
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This is the best and possibly most underrated iron ore resource in Australia - The Central Eyre IronProject (CEIP) hosts Australia’s largest magnetite Ore Reserve with a Definitive Feasibility Study (DFS) and postDFS optimisation studies complete.