FEX:
High grade overallResource at 64.1% Fe
Main BIF higher grade, indicated portion= 5.9Mt @ 65% Fe
Low to acceptableimpurities: Silica and clay based impurities very low: (Much lower than BHP Newman and Rio Tom Price product).
This is exceptional high grade iron ore (64.1%) with very very low impurities;
SiO2: 2.92%
TiO2: 0.09%
P: 0.038%
BHP, FMG, Rio has got much higher impurities and their processing cost high because of this. FEX processing cost will be extremely low based on these data.
Metallurgical testwork results including lump to fines ratio, crushing indexes, etc will announce in April 2019
Product offtake negotiation initial discussions – March/April 2019
Working in this industry many years that I strongly believe FEX has got what great chance to have great offtake deal very soon. imo
Ann: Significant High-Grade Iron Ore Intersected at Iron Ridge, page-362
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Last
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $180.1M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.0¢ | 28.0¢ | $431.7K | 1.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200000 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 2095275 | 3 |
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| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| FEX (ASX) Chart |
