Unfortunately it is not a matter of 400MT of 69% magnetite.
It is Mineral Resource of 3.9 billion tonnes at 12.3 DTR% that is still in the ground.
IF viable for mining and after beneficiation of the entire Mineral Resource (unlikely) then an implied Life of Mine production of 481Mt Fe concentrate @ a notional 69% Fe.
Two totally different things.
Sort of like reality vs. mythology.
Unfathomable HIO, page-21
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