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3.33% 6.2¢ iron road limited

On paper, magnetite is lower grade than hematite, but it...

  1. hindmost
    1,485 Posts.
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    03/05/17
    13:58
    Post #: 24440700
    On paper, magnetite is lower grade than hematite, but it upgrades easily and then commands a premium. There's lots of information out there, eg.:
    http://www.magnetitenetwork.com.au/who-we-are/magnetite/
    http://www.carpentariaex.com.au/uploads/files/Magnetite-Information-Sheet.pdf
    IRD Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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