Ann: Excellent Infill Drilling Results Received, page-3

One thing that made this project unique is the fact that high quality ore will be produced at a cost level to compete with Rio and BHP. I understand the importance of increasing potential reserves, in saying this, with the quality of ore from these results being half, the cost base will be the same or potentially or even higher. Furthermore, lower quality ore is sold at a sever discount. This is one of the major issues with Fortescue ATM.

Happy to hear the thoughts of fellow holders.