Palovera, SRK is unique magnetite run like DSO ore. $8m mc with $13m cash. Xstrata offered $500m for the project several years ago. SRK OPEX is amazing $19 per tonne (70% less cost than BHP) and ROY is $62 per tonne.
MFE Price at posting:
5.5¢ Sentiment: None Disclosure: Not Held