VAN 0.00% 4.7¢ vango mining limited

Ann: Clarifying JORC Resources in Presentation , page-13

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  1. 11,443 Posts.
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    re: Ann: Clarifying JORC Resources in Present... Thanks Lefevre.

    I cannot help but think that based on what we do currently know ie (some short points below from a few of the presentations):

    * Increasing demand from Alumina, especially from China is making pure Alumina exposure more attractive and necessary for institutional investors. Investors see long term supply and demand for alumina mirror iron ore.

    * There's a lack of quality pure alumina companies on the ASX and overseas exchanges have caused a build up in demand.

    * China's domestic supply for Alumina is being exhausted.

    * Large size of the refinery another bonus!

    * Leading large scale stream line refinery capacity and cutting edge technology.

    * Designed and built 60% of China's entire alumina refinery capacity. 26 mill ton out of 43 mil!

    * Aluminium is second in demand to Steel in China!

    ORD about to become the second largest player behind alumina, I'd say right now a market cap of 40 mil to me based on the above alone could be around more to the tune of 150-200 mil?

    Am I being too optimistic here, i don't know? But the more boxes ORD keeps ticking the more this is lining up nicely for all. AND that's not even factoring in the IPO. Maybe I'm getting ahead of myself here but is looking pretty impressive especially longer term.

    Regards,
    TI


 
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