Maybe more than that to go. 10km targetted strike length, which I seem to read into it that about 15km of ore bearing length exists, so target length may increase. More results later this year. I see their 3km of testing shows a 26% Fe reading. But table 2 for member B shows an average 63%Fe with DTR grades versus size. I hope some learned poster can explain this to us more naive people. Their initial assay value was 63% Albeit, looks like a pleasant day tommorrow. The reason I bought into this stock a few months ago was a 50% chinese partner. No accomodation required,no rail hardly required & electrical supply already there. Short haul to port or Whyalla steel city for processing. The west had been overshopped & a lot of people had forgtten about Iron Knob & that South Aust had been a big player in the 70s. This stock stood out as a cheap entry to a play.
MFE Price at posting:
30.0¢ Sentiment: ST Buy Disclosure: Held