Hi Hadas
"Fms most likely has 500-700 mtonne of 56%" I hope for FMS holders sake it does. The market agrees with you. Wasn't trying to push BRM .. BRM is trading at just above cash level so it needs more than a subtle "push".. more like an act of God I think :)
BTW .. Whilst the bulk of BRM ore is "low grade" it beneficiates to 950MT of 59%+ which is more than FMS has even amongst its most optimistic followers. BRM are hoping that it will cost only $3/$4/tonne to beneficiate... although the market clearly doesn't beleive them! The reason I thought this relevant to the FMS thread is that is precisely what Kev has stated as an option for FMS (ie beneficiation) .. or have I misread/misheard him?
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Hi Hadas"Fms most likely has 500-700 mtonne of 56%" I hope for...
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