re: News: Carpentaria Exploration 2011 AGM pr... Ozbecool,
I suggest that you re-read some of the annoucements that the Company have issued.
The magnetite grade that CAP has at Hawsons is high grade (69%) and that 15 figure that you stated is the DTR cut off grade (my guess).
Once you know the story and the facts, you may also become excited.