Presently at A55/t we have A18.50 margin, or cost of 37/t AU i...

Presently at A55/t we have A18.50 margin, or cost of 37/t AU i presume priced when AU87c USD

We have Bauxite prices rising due to lack of supply
And we have the lowering in AU/USD

Lets assume a A10 dollar rise in Bauxite into 2016 and what we have priced at now, 55/t AU
rises to 65/t AU at 87c USD (which is only an 8.70 USD rise) due to the supply issue.

if the AU/USD goes from 87c - 60c = 1.45 x = 1.45 x 65/t = 94/t AU less our fixed AU costs of 37/t = 57/t margin.

57 x 800 ktpa = 45m profit

Just from a little tiny pilot project.

are we in the right space ?

double whammy - bauxite rising due to supply constraints, and AUD falling, so Bauxite in AUD rising.

Even our lower grade blend becomes attractive.