UMC 0.00% $1.30 united minerals corporation nl

miningioMy understanding is that the ore at Packsaddle is DSO as...

  1. 3H
    5,864 Posts.
    miningio

    My understanding is that the ore at Packsaddle is DSO as the level of impurities are within limits.

    Look at BRM. They have DSO ore at 57.6% Fe.

    The lower the Fe % gets the less you get per ton.

    As Bungy has pointed out previously, if Railway provides the bulk of the tonnages i.e. > 60%, then a blended Packsaddle and Railway ore should give you at least 60%Fe average.

    Im really keen to see whats east of U31 to 35. If as we hope the width increases at the same grade then we will be sitting pretty.

    Todays close was disappointing but at least we held > 90c. My guess is that the buyers pulled back hoping to flush out more of the traders.

 
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