Ann: General Update , page-15

as usual nose you are short on facts and long on downramping. what is the cost of mine and concentrator v's cost of mpi plant? i think you'll find that the magnetite operation will cost twice as much as the mpi plant so as usual the basis for your complaint is wrong. also look back at fwl presentation showing magnetic map of yogi and you will see that everywhere that they have drilled that shows magnetite on the map has converted to resource. then look at how much hasn't been drilled yet. they will easilly get 1 billion tonnes.

my interest this week though is what is going on in the market. big volumes at the end of last week and not much change in price. springtree selling as philw suggested? which is good but who is buying? it is all getting interesting. just in time for a change in overall market sentiment????? DYOR