VAN 0.00% 4.7¢ vango mining limited

"The photos show that SARCO enjoys several significant...

  1. 1,170 Posts.
    "The photos show that SARCO enjoys several significant competitive advantages in terms of ease of mining and nearby key infrastructure. We remain confident that SARCO will develop the project into a world class alumina refinery."

    Thats the key in all of this. Basically saying OPEX is going to be low.....ie easy to get out of the ground and turn to alumina at site which then reduces the transport costs per tonne.

    If you look at the power lines you will see 2x3 phase power supply....it has power redundancy. You dont do that in a remote location unless you already KNOW that its "WORLD CLASS" I hope you guys now understand why its price sensitive.
 
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