"Dr Giles told * that SIMEC was chasing about 1 billion tonnes of iron ore in the region."
ICYMI: for an indication of what a 1 billion tonne Fe resource could resemble, see Post #: 35867627. Note: Benchmark Fe price down ~ 10% since that post.
FWIW: cut-off grade observation from yesterday's Grants Iron Ore Basin ASX release (Post #: 36738579) :
Minimum grade truncations are applied (15% Fe Niton XRF with up to 5m of internal dilution) (pg 8).
This compares with 18% for the Grants (Post #: 11148375) and Maldorky (Post #: 8523580) JORC resources.
DYOR
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Ann: Grants Iron Ore Basin Drilling Commencing Soon, page-38
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20.5¢ |
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Mkt cap ! $64.91M |
Open | High | Low | Value | Volume |
18.5¢ | 20.5¢ | 18.5¢ | $95.59K | 498.8K |
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1 | 3535 | 20.0¢ |
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Price($) | Vol. | No. |
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20.5¢ | 19893 | 2 |
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No. | Vol. | Price($) |
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1 | 371351 | 0.190 |
2 | 10576 | 0.185 |
1 | 200000 | 0.180 |
1 | 17148 | 0.175 |
1 | 50000 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 19893 | 2 |
0.210 | 3000 | 1 |
0.225 | 102722 | 2 |
0.230 | 50544 | 2 |
0.240 | 100661 | 4 |
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