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10/07/11
07:04
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Hi (westcott)
WGO have an Initial Target of 1-2 Billion tonnes of DSO haematite grading between 60% and 62% Fe (3 March 2010)
WGO are assuming, due to the magnetic signature, the exploration target is DSO rather than low grade Itabirite
As this stage, WGO are not focused on low grade Itabirite
At this stage, your low grade SDL Itabirite comparisons are irrelevent
At this stage, the low grade high impurity iron ore at Mbarga is irrelevent
Regards
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