The value of iron deposits is about 2 USD per ton of ore,
The evaluation of the deposit will be over 1bt @>62%.
That means an equity value of about 2b$ ....
An evaluation of the iron reserves is transmitted in this document
http://www.mbomo-mining.com/Iron-deposit.pdf
taking into account
•
1972 prospecting report SICAI TRACTIONNEL
•
of his interpretation
•
geometric and geological considerations