Low grade? This from the Half Yearly in March, 2012:
* Resource:
- Cerro Papagayo – 28.6Mt yielding 10.1Mt concentrate containing 66.26% Fe;
- and Cerro Iman – 17.3Mt yielding 5.7Mt concentrate containing 65.81% Fe.
- containing very low levels of contaminants such as sulphur and phosphorous from the Papagayo Ridge line.
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How can 65% and 66% Fe be considered low grade?
director takes up $520k worth., page-6
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