I'm yet to see any release from BRM stating what they intend to produce as a final beneficiated product as I thought they were still finalising the process. I think the numbers you quote Haematite were the preliminary results that they released late last year.. am I right?
When I spoke to the Project Engineer about the process last year, he said that they could produce a 70% Fe product if they went to extremes, but the cost to do so would far exceed any return. It was about finding the beneficiated "sweet spot" which, .. to me at least,.. is still a huge mystery.
Haematite, if you are right it would certainly explain why the plethora of "confidentiality" agreements have remained just that :)
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