It will take a few days for people to come to terms that we all have expected too much.
400mt project with valuations of $15bil-$20bil.
481mt current resource now. 20% higher than 400mt.
Average grade at 68.3% but remember the final concentrate product can still be Fe69%-Fe70% due to the soft nature of the ore to process.
The resource update today simply confirms the accuracy of the previous MRE.
It is a tick of confidence of the previous resource estimate accuracy.
Ann: Mineral Resource Estimate Update, page-17
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