RHK 0.00% 80.0¢ red hawk mining limited

fms comparison with umc, page-10

  1. 3,972 Posts.

    No worries,

    If interested Argonuat report on Cazaly website has a nice description of different DSO ores.

    http://www.cazalyresources.com.au/files/grabdoc.php?type=doc&id=102&cid=44

    You can see that is says mined CID deposits usually contain 57-59%Fe and requires downstream processing. FMS are targetting 56% so you would need to research the probability of that type of deposit being economic. They may well confirm the target but that will not prove future mining viability. Not that easy.
 
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