I still haven't done a deep dive on the numbers, but the grades seem very high.
To be honest, I wouldn't be surprised if very little of this resource qualifies as DSO, but I say that acknowledging what seems like very high grade material, but just not DSO.
What I will say is I wouldn't be surprised if this material gets a "green steel" designation like the 36mt section in the Southern zone.
The only drawback is there is potentially "less DSO" which has really attractive margins that will allow us to self fund all expansion.
I think this isn't a great DSO result, but like you I'll wait to see what WAI come back with for the MRE before I get excited (or not).
Ann: Drilling Identifies Further High-Grade Iron Ore at Bekisopa, page-5
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