470mt iron ore project target 56-59% fe

http://www.asx.com.au/asxpdf/20080924/pdf/31ch3165ppqgbq.pdf

Remember this announcement 1 year and 4 months ago?

470mt project target on units B and C ONLY to a maximum of 150m of depth.

We know much of drilling in Units B and C has seen open at depth mineralisation. If the iron further than 150m is economic, how many more million tonnes will this add to the target?

Then there is of course the issue of Units, A, D and E. How many million tonnes will they hold?


All of a sudden the possibility of 800mt to more than 1 billion tonnes sounds plausable.


Iron Ore fever is back folks, but when will JOHN LESTER DO SOMETHING and promote this stock, one of the biggest DSO deposits in OZ.