hematite vs magnetite

To open up for general discussion.

The area that CFR is going to acquire holds mostly hematite, which is generally more low cost to process and produce and more importantly in the case of the Karnataka region, possesses higher grades.

Whereas with NSL, their deposits are moreso magnetitie and lower grades, as we have seen with their report.

My interest in CFR's report is not so much tonnage initially, be it 20m, 40m, 100m, etc.... tonnes (as we know there is a shit*load there, which will be proven up when they start drilling in the short term), but it is the grades.

I guess anywhere from 50%Fe + to 65%Fe will set the sp alight. Again check out PLM's link, for a summary of the Karnataka region being surveyed by CFR.