Certainly, I wish you luck with that. Here is the tough part, could you fund enough to make several hundred? I would think that based on my familiarity with the tungsten bolt, you wouldn't really need a patent to protect your intellectual property. Once the initial saturation of the market, maybe 5-600 M11 bolts, you would be looking at one or two bolts per month of sales.
As far as ROF, the M11/NINE works very well with the TASK conversion. The M11 an M10, not so much. The M11 and M10 have very limited space between the point where the bolt is on the sear and the back of the receiver. Even with a slow ROF, it will be hard to pull singles, unless there is something in your bolt design to address this issue. If the bolt is shortened, the ejector falls out.
It would seem to me that a drop in replacement bolt with a range of ROF between 600- 1,600 RPM, that could be adjusted at the range would have a market value of $1,500+. I get that $1,500 is double what the CF(W) bolts sold for, but the current market value of the bolts would prove otherwise. If you start slow at 10, 20, or even 50 bolts per month, someone else could copy the idea and flood the market. A patent is only as good as the lawyer you can hire to defend it.
Do you have an idea or a working prototype? Is the design ready to go into production? Do you have a ballpark of what your design will cost to produce and in what kind of quantity? Again, I sincerely wish you luck with the your idea. This is a small niche market.
Scott