LIN 4.76% 10.0¢ lindian resources limited

Ann: Drilling Confirms Very High-Grade Bauxite, page-8

  1. 9,024 Posts.
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    so Bouba is 70-80mt at 57-60%Ai

    at A$100 ($65) a tonne that's an A$8b ore-body with likely double the operating margin of any other bauxite mine.

    and Mamaya must be around 250-350mt high-grade regular bauxite

    Didn't shoot the lights out vs what could have been... but not too shabby. Looking for to the small resources analysts picking up the story and the wider broking community getting on board.

    Worth a lot more than the current $20m price tag.

    reckon $50m soon and $100m in a few months on assays, commencing studies and the project basics bedding down
    Last edited by sahmee: 24/02/20
 
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