Ann: Wilcherry Hill Iron Ore Drilling Update , page-7

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  1. 2,662 Posts.
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    Fisho, the operative word was 'LOOKS' like. Reality, as you have portrayed, paints another image altogether, I agree. My angle was that a MC of around $25M makes it look like the ore in situ is being valued at as low as $1 a tonne, assuming a total resource 25Mt (pie in the sky guess only, but probably far more at Hercules).
 
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