TMT 2.94% 33.0¢ technology metals australia limited

Our turn soon, page-15

  1. 1,718 Posts.
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    not an expert just going off what Ians said in some of his presentations. he said most magnetite plays have in-situ iron grades of high teens to early 20s and low mass recoverys. he mentioned most magnetite deposits you need to process 3-5 tonnes of ore to get 1 tonne of concentrate. TMT has 47% in-Situ iron grades so to uprate it to 63 percent in a concentrate is a lot simpler. we have 50 -70% mass recovery, so for every 2 tonnes of ore we process get 1 tonne of concentrate. and then you get the vanadium and titanium credits ontop.

    I guess most of us aren't experts so we need to wait until the DFS or as you said the pilot scale work to spell it out and give the market a clear understanding.
 
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