Still a little confused by yesterday's announcement. [a] It's potentially great news that there's vast amounts of detrital Fe. But I've no idea of the costs of 'simple' screening. Do many CID deposits have detrital IO, or is this very unusual? [b] Beyond the detrital issue there weren't a lot of high grade (>55%) intercepts at the newly discovered Abalone prospect. How saleable is 54% CID, or what has to be done to make it saleable?
Sorry about the questions!
BRM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held