westcott,
UMC's grades and impurities are nowhere near the grades and impurities of BRM. how can you even compare the 2. UMC requires zero benefication while BRM will lose half its resource to benefication. BRM's ore is not DSO. Its just ore.
Put simple, UMC has Rolls Royce iron ore - not many of them and the creme de le creme. BRM has sunny datsun iron ore - plenty of them around but no quality.
last point is that I find ur comments bemusing that business spectator came on to HC, found your post at 22.19 on the BRM thread, then wrote about the rumour based on your comments and incorrectly stating "one party has appointed UBS and they both have CID". BRM has CID while UMC has Marra Mamba and both have appointed UBS.
westcott,UMC's grades and impurities are nowhere near the grades...
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