Smart move. The country is geared for Bauxite. We could rely on Flanno to pick up more assets. Reading between the lines, the resource target is somewhere between 150-300mt. Management has now developed the right relationship with the government, so I suspect they should secure what they want. This might actually be better than the iron ore. Good quality Bauxite is worth more per ton and it's close to rail. If this proves up, then it's very accretive to holders. Its like finding a larger iron ore project with the same logistics. dyor
Smart move. The country is geared for Bauxite. We could rely on...
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