Tagme,
Because of your experience within the bauxite/aluminium industry , could you give an indication of the production cost per tonne of extracting bauxite to shipping status?
Also I know you have pointed out quite strongly the vast amount of resources available in Vietnam , but as Dacata's research indicates regarding Chalco, why invest in Australia if you could have invested next door in Vietnam?
Also BAU's initial objective is to produce 1-2 million tonnes of bauxite per annum , which is not a large percentage, so they should be able to secure a buyer given that all is open to various competitive factors which enable companies to succeed . If Bau manages to acheive this objective , we as shareholders should see a decent return on our investments.
Also BAU's attractiveness lays in their aim to acheive a large position of prospective tenements in known bauxite areas , which even you have to admit that they seem to be in attractive positions regarding bauxite potential. This in itself is enough to raise a few eyebrows within the industry.
Anyway If you could give an indication of production figures it would be greatly appreciated. Cheers Long term Ramper of BAU , Soulbrother.
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