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.

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Message: Bullish on Iron Ore
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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

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