I noticed from apollo presentation that the Test work at mt oscar shows ore is saleable (grade of 60-63% Fe) see Presentation (page 19)
http://www.apollominerals.com/images/apollomi-6--raeph.pdf
You would think that after the first drililng more test work will be done but it looks like the chinese like this magnetite has it is much higher grade than what they have in china
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