We know from Geo reports before Todd came along ,their is a lot of holes drilled with 60%+ grades .We also know that on the hill sides their is also a lot of high grade ore ,but our previous board were running out of money.Todd will know this .By using the 50% low grade ore it will make the operation more viable for a 40million ton a year operation.To get the go ahead to build a port and rail thy need at least 40 million tons.From memory I think BCK can upgrade the same 50% ore up to about 60%.
FMS Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held