CJO 0.00% 13.0¢ cerro resources nl

mt philp report, page-4

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    yes 50% FE is a reasonableo grade of iron ore, needs to be handled / processed more to ore get up to higher iron ore content in form of pellets / brickets. Direct shipping ore DSO is above 70% is just that, does not need to be processed as much,just crushing / sorting, then shipping.DSO is a preffered feed for balst furnaces in the making of Pig Iron, of which when processed steel is made.

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Currently unlisted public company.

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