M4M 0.00% 2.9¢ macro metals limited

The low phos does not mean it is higher grade, it means this...

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    The low phos does not mean it is higher grade, it means this product can be blended with higher grade but higher phos material, which makes it attractive to smelters. Of more relevance to grade is the 10% LoI component, which means the grade effectively jumps shortly after it enters the furnace. In summery this is marketable material which, after some basic crushing and screening, is effectively direct shipping ore, which is all that really matters.
 
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