iron ore project, page-8

It is not a question of minerable, it more a question of location, i dare say SFX will get a resource, and one that is mineable. But in that part of the Pilbara unless you have a reserves of 500mt and can afford to build a rail line to port your deposits are stranded.

This is why Atlas Iron where intially so successful, finding resources with in economic trucking distance to port and getting their product to market, and why you see them building a resource on the southern Pilbara by buying up these stranded deposits.