Bauxite is currently a negotiated at a contract by contract price ther have been reports of US $75 per tonne and last year Macquarie Bank are quoted on the Ord River Resources Ltd website as predicting that the price may go as high as US$115 per tonne in 2008. So it really depends on what they negotiate there price at. Since management have done an excellent job already and they have a excellent quality product I would expect the deal and returns to be quite high.
margin per tonne, page-2
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