mardie iron ore project update, page-3

good. this has been a while coming but it is important that the magnetics show lower target depths to the iron ore. Drilling will be the key, as always.
Given the location of the tenements I would be very surprised if they didn't get magnetite. The question is if there is a hematite body on top If there is then possible for a Atlas Iron type development scenario for shipping direct ores. Lots of water to go under the bridge, but this could be a boomer.. I like the short distance to a port and that Balmoral is being developed. I am holding for another 6 months. If there is a mag body there then company will have a very much higher sp. worth a punt.
cheers
omg