count the number of times, page-2

just a few facts.........

--At IO conference at Karratha recently, a majority of members expressed their surprise at the Geos rock samples to present such high quality results over a wide spread area.

( the avge was 59% hemitite cid/did/ and retracting the one low sample at around 41%, averaged nrly 61%.

-- the high ground is the feed for the fmg serenity valley deposit, which is the Brockman IRon fault foundation. No surprises that the estimate quality is high grade haemitite fines $140tonne, and some lump 200tonne, which commands very good prices for Newman ore.

--Dr Russell presented the e47/882 estimate, and was construed as conservative. Personally i believe the new tenemnet e47/1560 will surprise the market...it appears logical that the serenity extension(1014mt) goes into the new tenement from gooogling around.

-- FMG are yet to fully explore e47/1016, and already have the 220mt inferred resource on that tnment, which is in between both fms tenements.

-- 500 mt seems a logical conclusion , valued at the low end say $3 tonne in ground x 500mt = $1.5bil resource= $1 share.

__what i would really like to see is a diamond hit!!!go kev

PLs DYOR..its interesting!!