Funny that the broker report quotes
"Additional studies in 2011 by Anyakwo and Obot analyzing the reduction of phosphorus content of Agbaja iron ore utilizing ‘biobeneficiation’ techniques were also successful in reducing the phosphorus levels within the Agbaja deposit by up to 71%."
when in that study they say 69.66% reduction.
I guess 71% certainly sounds more appealing than 69.66%.
Can anyone see where in the Report (below) it states up to 71%?
Regardless, if you take an average of the phosphorus content in all the drill holes the company has conducted even with a 71% supposed reduction in phosphorus it's still way too high.
If you haven't noticed, the higher the Fe content within the drill holes the higher the phosphorus content.
You guys can come back to me with what levels of phosphorus we get when you remove 69.66% of the phosphorus in the ore. Still way too high?
Funny that the broker report quotes"Additional studies in 2011...
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