Chinese think long term...even all the way to BRL's refinery plans.... people selling now arent thinking long term.
Although when researching this stock its hard to fully understand possible cash flow or profits in the near term (say 1-2 years). Bauxite sales are based on contract negotiations (tied to the price of alumina), has the company indicated at any stage a ball park figure for what selling price it hopes to achieve (even if it has to make assumptions)....or indeed has it ever indicated what its approximate per tonne mining costs will be?
I have asked similar questions before, I am a believer in this stock...but am curious to know how others are evaluating cash flows, npat, margins etc...
The core queston offcoarse is could BRL's margins dissapear completely as it has done for so many copper, zinc and nickel miners...
BAU Price at posting:
34.5¢ Sentiment: LT Buy Disclosure: Not Held
