VAN 0.00% 4.7¢ vango mining limited

igv: $52.9b, ev: $34m, page-29

  1. 156 Posts.
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    AWC presentation worth reading if you interest.

    http://hotcopper.com.au/announcementFiles/2010%5CAWC%5Cb9310321-9619-44a7-8ae7-1c0ed62a5e39-AWC337245.pdf

    130Mt bauxite 32.5% = 42.25Mt alumina
    42.25Mt alumina * 1/2 = 21Mt aluminium

    Valuation 1: 42Mt alumina * $407/t = $17b

    Valuation 2: 21Mt aluminium * $2700 = $56b

    IF resource upgraded to 2Bt, what sp ORD should be?
 
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