IOH
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0.00% 70.0¢ iron ore holdings limited

re: Ann: New High Grade Mineralisation Identi... Just playing a...

  1. Rock Hopper
    88 Posts.
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    16/08/11
    15:20
    Post #: 8828982
    re: Ann: New High Grade Mineralisation Identi... Just playing a little revenue game with myself

    60% = $170.00/t (guestimate)
    58% = $150.00/t (guestimate)

    Iron Valley
    100Mts @ 60.00% =17 Billion(stage 1-3)
    60Mtns @ 58% = 9 Billion (the rest)
    Plus agreement with FMS for additional 13Mtns@ 58% = 1.95Billion (boundary ore)

    Satelites (some of)
    Kurajurra, Fingers, Bight 106Mtns @58% = 15.9Billion
    add Boundary and get 21.6Billion

    Sure it's just revenue figures and very raw but you begin to see the potentual here...right?

    The market may bounce a bit but I'm holding on to this puppy real tight..!
    IOH Price at posting: $1.29 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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