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0.00% 70.0¢ iron ore holdings limited

re: Ann: Iron Valley Project Results of Pre-f... G'day Deansy,If...

  1. SuperWealthy
    7,116 Posts.
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    04/08/11
    12:09
    Post #: 8771637
    re: Ann: Iron Valley Project Results of Pre-f... G'day Deansy,

    If you look at the diagram on page 6 it appears the resource dips quite deeply into the FMG tenement and surely it would require the removal of many Mt of overburden (several hundred Mt IMHO) to get at the resource from the FMG side.

    This diagram is making me feel very confident that FMG need us as much as we need them. That is, if they want to mine Nyidinghu.
    IOH Price at posting: $1.36 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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