ASQ 0.00% 2.0¢ australian silica quartz group ltd

if anyone wants a copy i can email, page-6

  1. 4,557 Posts.
    Got it Thanks for that ... Company Highlights:

    BAU is planning a bauxite DSO operation in order to deliver early
    cashflows.

    • The project area lie in a province known for its low reactive silica and the
    Darling Ranges supplies 17% of the world’s alumina.

    • 30 applications for tenements highly prospective for near surface
    bauxite has been applied for covering a massive 6,176km2 with a further
    3 secured so far in the North Darling Range.

    • Projects lie in areas with proven bauxite mineralisation adjacent to world
    class bauxite mines and refineries and is close to existing refineries,
    road, railway and ports.

    • Over $2m (equiv. to $50m in today’s dollars) was spent during the 1960s
    and 1970s by several companies who reported existence of bauxite
    mineralisation in certain areas of BAU’s applied tenements.

    • In the first six weeks of 2008, bauxite prices rose 30%. Chinese authorities
    estimate that China may import up to 31mt of bauxite in 2008, up from
    22mt in 2007. Additionally, BAU received strong interest from industry
    players following a recent trip to China.

    • The Board and management team come from successful backgrounds
    with experience in infrastructure and bulk commodities including key ex
    Gindalbie Metals Ltd management who were instrumental in defining
    Gindalbie’s iron ore project.

    • Substantial investments have been made in the bauxite/alumina industry
    recently including BHP’s US$2.8b planned expansion of the Worsley
    aluminium refinery in Western Australia and follows Rio Tinto’s US$38.b
    cash acquisition of aluminium producer Alcan last year.

    • Demand for aluminium from emerging economies particularly China
    continues to grow while supply of aluminium is being curbed by power
    constraints in China and South Africa.

    • Emerging economies in the Persian Gulf are looking to diversify sources
    of revenue with multibillion dollar alumina/aluminium smelters already
    planned.

    • Hatch consulting has been appointed to explore the possible beneficiation
    techniques available and capital required for darling range bauxite.
 
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