Wildy, what are management expecting the metallurgical results to be?
I have heard second hand from Nathan Taylor that phosphorus will not be a problem because, in this case, the phosphorus left over in the beneficiated ore can be burnt off by the steel mills as part of the steel making process. It will incur a $4-$5 discount to the selling price per tonne. It can be burnt off because it is not "attached" to the iron. Is this what you are hearing too?
Thanks in advance.
EIO Price at posting:
30.5¢ Sentiment: LT Buy Disclosure: Held