Hi sava,nice to see you ask some questions. Regarding your...

Hi sava,

nice to see you ask some questions. Regarding your question about BHP's ore grades, please see this picture I posted a few months back.

The problem is sava, I know what I'm talking about. Do you?

My investment strategy involves research. Yours seems to be based on jumping from one ship to another, and moralistic dogma.

I live in Perth, and have spoken to several IO company directors, from a number of listed companies, and IO geologists with the authority to certify JORC resource statements face to face about BRM's deposits. Where do you do your research?

As you can see from the chart below, virtually all of BHP's 62% ore does NOT require beneficiation. The Yandi fines are sold at a discount. Yandi is a CID (Channel Iron Deposit), and is similar in many respects to BRM's ore. However BHP Alumina impurity levels are far below those of BRM (1.5%Al vs 4.1%Al).
BRM would have to beneficiate its 45% product up to the 57% purity that BHP (and RIO) have in abundance.