Hi Guys,
Presently without any further discoveries:
103Mt of Channel Iron @ 54.1% Fe
53Mt of Direct Shipping Ore (Inferred and Indicated) JORC nominated number of 57% Fe.
The Beneficated Before Shipping Ore can be sold down to 55% Fe according to a BRR interview with Mike Young.
Most of the CID should be limited in lower grade ore but rather have clay sections that can be shaved off to get to the exportable ore. But let's say that the grade is a constant from 54.1% Fe to 57% Fe. It means that potentially there's 34.5Mt of BBSO and 53Mt of DSO. Or 87.5Mt of exportable ore with no further discoveries.
Bye
breakout, page-42
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