Hi Arsenic, pretty sure Grants is a mix of Hema and Magne, dont know how much of each but it will be in there somewhere.
The explanation Walter gave me that DTR is not representative of the grades as it only works on the magnetic portion of the ore body. "It is more relevant/useful to publish the overall final grade in the concentrate in Havilah's case."
pluses Higher initial grade than most, recoveries compared more than favourably to competitors, close to the rail line, minimal to no overburden, relatively soft ore.
minuses Middle of Bumf nowhere, no power, buggerall water
Hawsons have done very well with selling their IO project, but i'm not sure any of these type deposits will get off the ground, as good as the numbers men say they are, I am not sold on them. Disclaimer - Ive been wrong plenty of times before.
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