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a few people were doubting the value of Maks magnetitethis is...

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    a few people were doubting the value of Maks magnetite

    this is from a longer post on the cape lambert site cfe



    But the MCC deal with Cape Lambert will further underscore the value China�s steel industry sees in the lower-grade magnetite ore, which can be upgraded through costly beneficiation or blended with hematite.


    mak has lots of value fluorite magnetite and phosphate

    market cap still 91m

    this has got miles to go

    dbk says $8.00 still only 450m for potential phosphate

    earnings of 250m pa (2.5mtpa at $100 profit)not including

    phosphate resource upgrades or contribution from other

    minerals
 
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