I have been trying to get some background information on Bauxite Resources, but must admit little success.
I can't find any information on feasibility studies. Given that BAU appear to intend mining shortly, I would hope that such a study exists. Can anybody please help?
I wonder whether this latest setback is a show stopper for BAU, or just a passing nuisance. From what can gather they have an inferred resource of 18.2 million tons. I'm trying to work out whether all of this is in jeopardy or whether the sell-off resulting in the slump in the SP is the result of an over reaction.
Does anybody know whether BAU can source the 1.2 million tons from another part of their tenement if the plan to mine at Hare's farm near Bindoon turns to custard?
I think that BAU potentially has a bright future, so am keen to work out whether factors other than resources and expertise are likely to stymie them.
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