QBL used $60 as a bench mark for their revenue pa estimation of b/t $200-$300 mil ,
Well gee now @ $77.30 out revenue estimation should be a little higher : ) $$$$$$$
"Bauxite export prices have been recently reported at around $60 per tonne with surface deposit bauxite mining reported by other companies to cost around $10 per tonne in addition to transportation and port costs. As the deposit is situated within 16 kilometres of
the port, transportation costs should be significantly lower than many deposits in Australia that are further inland. "
BAU Price at posting:
14.0¢ Sentiment: None Disclosure: Unspecified
QBL Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
