Ann: Progress Report, page-12

Rae915 -

Page 4:

"The Project hosts high-grade friable itabirite mineralisation, which can be  to a premium quality iron ore product of +64-68% Fe grade, via simple, low capital inteasily upgradedensity beneficiation."

"Tawana continues its strategy of advancing its envisaged high margin, high-grade ore project, via such low-cost, value-accretive exploration work carried out by its in-house team. This strategy, in conjunction with the consistent progress of activities currently underway which include: advancing negotiations on the Mofe Creek Mineral Development Agreement; progressing the Project’s Environmental and Social Impact Assessment activities; and negotiations for infrastructure and transport solutions with other third party developers/operators, distinguishes Tawana from other global iron ore companies during this period of low commodity pricing."

WR is ramming home the "low cost, high margin (pending a decent recovery in POIO), high grade ore project (+65%  Fe)" parameters of the Mofe Creek project in order to continue to educate the market on the distinguishing features of this great resource from most IO projects around the world. Obviously some work to be done.

You can lead a horse to water but can't make it drink - YET!!!!

Look out once this catches fire, the horse will be drinking by the truck load and it will not be from a goon bag!!



Mafew
DYOR IMO