FMG 1.04% $20.35 fortescue ltd

bouncing fmg ideas, page-32

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    You would also need a hematite or magnetite orebody to get those high grade, even then a grade of 66% is more likely.

    FMG has mainly lower quality goethitic orebodies which won't beneficiate like the Tom Price or Whaleback feed sources.
 
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