My concerns -Does it mean that the ore needs to be transported...

My concerns -

Does it mean that the ore needs to be transported to a few different places (hopefully nearby) for the grades to be upped and phosphorus levels reduced before its sale-able? And is it economical still?

Mineralisation
- Laterite averages 35% Fe and 6m thick
- CID Oolite averages 46% Fe and 13m thick
- Beneficiation required to produce 56% to 58% Fe products

JORC resource
- Maiden inferred mineral resource of 488Mt @ 42.7% Fe

What we do know is that despite going through single pass high intensity magnetic separation, which had already provided superior Fe yield for "rougher" concentrates compared to screening and gravity separation, it still did not achieve the target grade of 56%-58%... (How far off were we?)

No mention of actual phosphorous figures other than there being a combination of discrete phosphorous grains and absorbed phosphorous in both the Laterite and Oolite ironstone. How then can they state "it is likely that iron ore from the Agbaja Project will contain phosphorous levels that are more suited to long products"?...