I guess we will have to wait to see what jorc they have...

I guess we will have to wait to see what jorc they have ...however NXR provides a decent Peer comparison...

By way of target statements ...they think they have "may" have something big ....ie 3bt > 35% Fe ... Guessing the avg Grade will be more like 45% Fe with some hot spots of DSO upto 67% Fe which might be on par for the high grade Pilbara ore...but will need to see the metallurgical report 1st ...to see impurities.

What puzzles me is they originally found 60-62% Fe grabs all across their ground ...but have as yet only found one hole with that grade... the holes are quite wide spaced.

I see they have changed management team almost completely and are now going to cheap contract drilling.