re: Ann: Confirmation of saleable Iron Ore Co... A consistent product that comes in high volume is what the modern steel mills want, as they can set their plants accordingly for impurities, which in many cases are preferred, as it allows them to get a discount on price.
KFE can offset these discounts with a near surface mine that does not require power intensive rolling mills to treat it, two very important characteristics that will keep costs down.
Share price wise, we are starting to look a lot healthier:
http://www.barchart.com/opinions/stocks/KFE.AX
re: Ann: Confirmation of saleable Iron Ore Co... A consistent...
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