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6.00% 9.4¢ carpentaria resources ltd

You're right that the grade of the deposit is not high (14.7%...

  1. pygmyhipppo
    1,023 Posts.
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    15/12/19
    16:55
    Post #: 41977244
    You're right that the grade of the deposit is not high (14.7% DTR for the probable reserves in the PFS), however my understanding is that due to fine grain size and low grind energy can be turned into very high grade (70% Fe) product at cost in lowest quartile. Happy to be corrected if I'm wrong.
    CAP Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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