The 70% Fe is very high quality, however that figure is only one piece of the puzzle. You also need to look at the Davis Tube Recovery (DTR).
Davis Tube Recovery Analysis is a form of magnetic separation using a Davis Tube. Separation gives a percent mass recovery of magnetic material and the recovered magnetic and non-magnetic portions can be analysed for chemical composition.
For our iron we are looking at around the 19%-20% DTR, while companies such as GRR have a DTR of about 50% and 30% at their respective prospects.
CAP Price at posting:
48.5¢ Sentiment: LT Buy Disclosure: Held