Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

Free
Message: Re: Bullish on Iron Ore
5
Sep 04, 2011 06:40PM
5
Sep 05, 2011 10:51AM

CHM 43 101 conservative 2B tones of iron ore 30% = 300,000,000 tones of concetrate at $185 - $25 recovery cost $ 160/ton concentrate $48,000,000,000 X FNC 175%=

$ 8.400.000.000

Are my numbers and arithmetic correct?

Lac Lamale 100% owned and Magpie 50% owned by FNC would have comparable numbers

8
Sep 05, 2011 05:15PM
6
Sep 05, 2011 05:32PM
4
Sep 06, 2011 10:13AM
11
Sep 06, 2011 02:55PM
3
Sep 06, 2011 08:06PM
4
Sep 06, 2011 10:47PM
Share
New Message
Please login to post a reply