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Ann: Drilling update No. 9 - Agbaja Iron Ore Expl, page-7

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    07/06/12
    17:01
    Post #: 10280228
    re: Ann: Drilling update No. 9 - Agbaja Iron ... OK, I follow your reasoning.

    I think it might be 5.15 tonnes per cubic metre from what I have read this arvo.

    So on that basis, 14km2 x 17.96m x 42.69% Fe x 5.15t = 552.8M t.
    EIO Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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