ASQ 0.00% 2.7¢ australian silica quartz group ltd

potential, page-22

  1. 6,745 Posts.
    lightbulb Created with Sketch. 290
    Hi,
    Have been looking at this one for a while, probably passed me by now.
    Always struggled to get clear in my mind what the prospects were for bau.
    I understand the looming shortage for bauxite inputs into the chinese aluminium industry[likely 10million tons per year of metal] , but cant work out the likely production/exports from a bau mine to china.
    Usually takes 4 tons of bauxite to make 2 tons of alumina, 2 tons of alumina for a ton of aluminium.
    Therefore about 40mill tons of bauxite needed[not all imported of course].
    So what would be bau's share be, keeping in mind chinalco's aurukun project likely to produce about 6 million tons?
    If 3 to 4 mill tons per year, would a profit of 7 to 8 million dollars per year be reasonable?
    That would support a share price of about 70cents eventually?
    Haven't factored in the potential for alumina production, as that is in its infancy, and lots of obstacles[energy costs, present world overcapacity, exchange rate].
    May have this all wrong, any comments/criticisms, gratefully accepted.

    cheers
 
watchlist Created with Sketch. Add ASQ (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
0.000(0.00%)
Mkt cap ! $7.469M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 69039 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 102423 1
View Market Depth
Last trade - 16.12pm 13/09/2024 (20 minute delay) ?
ASQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.