i have read so much & understand, page-59

Well I have an email from GBG in my inbox dated 4/4/13 stating the following - Since the start of magnetite production we have been producing a concentrate grading approx 68%Fe. This product does not attract a quality premium but is slightly more than a 62% based on grade adjustment.

I put the 63% announcement down to KML only wanting to commit to this level at this stage. sdo