Australia's largest stock trading and investment forum Australia's #1 stock forum

CGB ASQ

Bauxite now up to $72, page-10

First 10 Last

Share
Profile

Follow
Maelstrom

235 Posts.

17/06/14

14:57

Post #: 13534935
Share

Originally posted by nihilism ↑

midofo,

all the bauxite juniors will need to refine their ore or recieve a significant discount on their product. Only the majors have that sort of product DSO in australia. I can only think of weipa as a deposit in that range of available (active) alumina.

Refining shouldnt be too hard, considering Kaolonite and gibbsite are significantly lighter than hematite, but it will still incur a cost to do so... Reactive silica is far harder to get rid of (as its of a similar density).

Expand

Looks like BAU is targeting non-beneficated DSO, or at least that's what they intend as taken from the top of page 2 of today's announcement. Looks like they're taking the discount option.

BAU Price at posting: 14.0¢ Sentiment: Sell Disclosure: Not Held

QBL Price at posting: 5.9¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump is President Again: What Does This Mean for Crypto?

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

There are more pages in this discussion • 34 more messages in this thread...

First 10 Last

Add CGB (ASX) to my watchlist

SPONSORED BY