MBM 3.33% 3.1¢ mobecom limited

better than sdl: market cap $50m drilling july, page-64

  1. 28,706 Posts.
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    Hi (westcott)

    WGO have an Initial Target of 1-2 Billion tonnes of DSO haematite grading between 60% and 62% Fe (3 March 2010)

    WGO are assuming, due to the magnetic signature, the exploration target is DSO rather than low grade Itabirite

    As this stage, WGO are not focused on low grade Itabirite

    At this stage, your low grade SDL Itabirite comparisons are irrelevent

    At this stage, the low grade high impurity iron ore at Mbarga is irrelevent

    Regards
 
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