Thanks Opaline,I must admit, it was a loaded question.The target...

Thanks Opaline,

I must admit, it was a loaded question.
The target is conceptual at best with no drilling to indicate the level of contaminants in the BIF let alone the iron grade (we’re not talking about supergene iron ore deposits here). Matt's comment that eps has a 1 billion tonne iron ore deposit with low impurities I found a bit presumptuous, especially given their recent ASX announcement explaining the conceptual nature of the target.

Having previously worked on iron ore mines in the Pilbara and conducted mineral sands exploration in the western Eucla Basin, I’m just a bit skeptical of what I'm hearing. But hey, I said the same about FMG and look where they are now.......