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0.00% 1.0¢ magnetite mines limited

my numbers are based on 3MT tonnes of iron ore (60% grade) per 1...

  1. Vayama
    9,286 Posts.
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    26/03/08
    09:43
    Post #: 3505948
    my numbers are based on 3MT tonnes of iron ore (60% grade) per 1 sq kilometre of 1 metre thickness...(as advised to me by UMC regarding how to calculate tonnnage)...

    therefore 300 metres x 1 km x 10 metres thick x 3 = 9MT tonnes
    MFE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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