It is big but also a long way from the coast. The key will be high grading (grading/low silica) the start-up mine plan initially to maximise the price and margin. Hopefully, the economics work! Longer-term who knows what will happen in the bauxite market. China is the key and wether or not Indonesia and Vietnam continuing to maintain a policy of making new mining licenses contingent on building an alumina refinery to value add.
I'm in and cautiously optimistic
Ann: Trading Halt, page-9
Add CAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $76.82K | 472.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1204949 | 9 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| CAY (ASX) Chart |