CAY 2.74% 7.5¢ canyon resources limited

Ann: Rail Assessment Identifies Capacity for Minim Martap Bauxite, page-35

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    https://hotcopper.com.au/data/attachments/1493/1493056-895743a52d9272eda71bbfc96c221c9d.jpg
    https://hotcopper.com.au/data/attachments/1493/1493057-71894e40235a6e441106d7ebbc181b56.jpg
    Average those two prices and you have a good indication of the $s for a blend of lower and VERY High Grade DSO. Not saying that is the way it will be implemented but highlighting for verification that the numbers stack up on the existing 500 million tonnes at Minim Martap. When the 30% crap bauxite the Chinese have been mining ceases production new metrics will come into play. It's close.

    OB, it's the reactive silica that counts against the aluminium, not total silica. Average US$62 per tonne off the above. Given my target of US$30 per tonne landed Kribi I'm happy with my investment.

    Why are you so invested in this debate but not the company?
 
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