FDL flinders diamonds limited

Yes low grade magnetite,but as they say with benefication they...

  1. stack992
    110 Posts.
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    12/04/08
    09:51
    Post #: 3579477
    Yes low grade magnetite,but as they say with benefication they can achieve a grade of 60-65%Fe.Cape Lambert had the same quality and type of ore as well,and they were bought out by the Chinese.Of course it costs alot more to Process this ore but with the quantity they have and the price of the product only going one way,I'm sure the sum's work out.
    FDL Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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