Agree that 900m strike is no big deal. Width is 500m so with a depth of 100m (currently unknown), we can get 100mt of Fe and that tonnage is viable. That is only one outcrop, sub surface Fe must exist so the potential is great.
Regarding Mt Peake vanadium, IMO the market has grossly underestimated the potential of this discovery. The grade of 0.59%V2O5 is better that the world class Windimurra of 0.46%. With a potential of 5km strike and 700m width we may have a reasonable tonnage. Still early days.
Now that ANZ Opes is out of the way, the risk of ANZ dumping is out of the way.
TNG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
