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15.4% 2.2¢ australian silica quartz group ltd

chat with luke atkins, page-9

  1. dgg90
    6 Posts.
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    22/05/08
    12:22
    Post #: 3750509
    Impessive results Soulbrother.
    Does anyone know (or guess) what percentage of total land (8000km2) would have this 5.3Mt/km2 of bauxite? Is 1% a resonable assumption?
    From my clacs, this would leave approx 8000x0.01 x5.3Mt = 424Mt of bauxite.

    With bauxite at $75/t and extraction/shipping costs at $16.50/t this would leave us with approx $24.8b of bauxite. Am i missing something here? This is also assuming that all tenements are granted.

    Jethro73, What is DSO? and where did you come up with 100mt.

    Cheers Deano
    BAU Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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