Ann: Ore Reserve Upgrade - UPDATED , page-2

Interesting update highlighted the differences that are important as far as I can see below.

"Exploration Target at Nabeba of an additional 1.5 - 2.5Bt of Itabirite at 30 - 40% Fe to bring total
Itabirite resource potential to over 4 Billion tonnes."

"Mr Casello said.
“When combined with the over two billion tonnes of Itabirite resource we have at Mbarga, and the
potential to grow our total resources of Itabirite2 and High Grade Hematite to beyond 5 billion tonnes, it
is clear that the Mbalam Project is poised to play a significant role in the global iron ore market for decades to come.”"

So Stage 2 looks like this may be the play to get others off the side lines... IMO

Unhinged :)