Hi Reub,
Ocean Equities in the UK do some of the best research on Australian iron ore.
In the document below you will find a table of the resources that companies have (page 5). When FMS produce Assay Lab results you want to compare their Fe% content and their Impurities (particularly Al% and P%) with their peers.
Ocean Equities July Update
I got the document from here, where you can find further material:
http://www.minesite.com/investors/brokers_notes.html
Joel
please explain, page-34
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