An excellent result
It shows GIRs ability to predict res targets and its integrity in not overstating or guessing at inflated targets. The short term investors will be dissapointed because they would have wished for some accompanying hyperbole to push the price up.
By 31.3.08 the midwest JORC res should be 50MT. Over the following 18mths we may see 200MT - One billion Tonnes of JORC iron ore res defined
Lets also not forget their vast stable of other interests
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