Atma, no one disputes that. And neither can you dispute that the magnetite resources are larger then the DSO resources. For that reason, and for the reason that their isnt enough freely available DSO, the large magnetite miners are higle valuable.
Some of the mag focues miners have 2bn tonnes+ of the stuff.
No one has 2bt DSO - except maybe RIO/Rinehart?.
So thats what must be factored against the capex. The mag resources are larger. More expensive yes. But larger too.
