III 0.00% 10.0¢ icon resources ltd

excellence in mining suggesting $2.00 sept08, page-5

  1. 164 Posts.
    thanks heaps gg
    part of my confusion stems from the fact that APT was qouted in III ann's as only 20% premium on WO3.
    bit more than the diff between 10kg and 1000kg.
    back calc's from announced figures suggested (to me) metric tonnes (if not mistaken).
    e.g 9.6MT ORE @ 0.2% WO3
    = 1.92MT WO3
    per 1000kg (tonne) this is ~$384M worth
    other companies e.g.VML seem to qoute also in mtu (10kg) @ ~$US200.
    wtf
 
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