re: Ann: Initial JORC Iron Ore Resource for A...
Low or no overburden would result in mining costs being at the lower end of the spectrum, other things being equal. Given that it is in small particles, that sounds like there would be only light crushing required. Thin desposits under a lot of overburden are Ok if you have a high value per ton mineral, but not for iron ore. Its comparatively high bulk, low value. This looks much better than one or two of the others. Now, how much more of it is there? Any clues anybody?
GIR Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
