MGT share price, page-6838

Hey man,
the average grade indicated and inferred Fe between Razorback and Iron Peak, is 18.2%.
Razorback is 21.4% indicated.
Ironback Hill is 23.2 inferred.

The head grade of CAP's project, for example, is between 16.8, and 17.5% indicated Fe, average of 17%.

It's just a matter of how much you want to process it, as I understand.
The theory I think, is that whilst it takes more $$$ to dig up and process,
the current Iron futures pricing, the Iron outlook, as well as all the things like NextOre and selective mining,
as well as the fact it is now treated like a superior product with profit allocations per percentage above 62%,
are determined to make it all very profitable.

I myself need a proper definition on eDTA% vs measured Fe,
however, I think its a chemical chelation.
eDTA - Ethylenediaminetetraacetic acid - is utilised to seperate Fe from a substrate.
So, i'm reading it as amount of Fe% able to be easily seperated from the resource - please don't quote me on that, though.

Razorback has an indicated eDTR of 16%.
Again, as a comparison, CAP's eDTR is 13.9% average.

(CAP has lower silica and aluminium etc, though).

Apples and oranges.

We're gonna make a shitload of money, man.
The Iron price just needs to stay above $100 US for us to really be rich, though.
Shouldn't be too hard.