A couple of hundred millions of tons of iron would defintely push the share price into the dollar range, but to be realistic, they have estimated around 30 million tonnes with "potential to upgrade" - so i would say around 50 million tonnes max - but thats just my thoughts.
Also this is just 1 of the 4 tennaments in prime BHP/RIO territory so altogether and over time yes its possible to have "A couple of hundred millions of tons of iron".
Furthermore we are trying to put a price on the share by just "analysing" the Iron projects, many people forget the gold projects and possible Copper - ABY's elapsed tenaments which MDD have a 33% stake in.
MDS Price at posting:
15.0¢ Sentiment: LT Buy Disclosure: Held
