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Ann: Interim Update, page-16

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  1. Neutral scot
    202 Posts.
    lightbulb Created with Sketch. 24
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    07/01/19
    11:15
    Post #: 37043016

    I thought the whole philosophy was to convert ore from 30% Fe up to 61/62%. The ground they have tested is above this so the plant must just not be able to do it. They must have known this for years but have not informed the market.


    Fair play to Melandowitz to come in and pull the plug...not an easy thing to do.

    IOR Price at posting: 6.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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