overview of ord - huge potential, page-27

Something of interest is a comparison to BAU(Bauxite Resources).

BAU has 15.1MT of Bauxite (Inferred and indicated) and has this as a production target :-

Smelter with capacity of 140,000 tpaof Al and 100,000 tpaof baked anode for aluminium production purposes. Fabrication plant designed to extrude 133,000 tpaof aluminium and cast 14,500 tpaof ingot each year.

Shandong to earn 60% bauxite ownership by funding 100% of exploration costs to successful completion of a BFS.

BAU has a market cap of 56.4 Million.

BAU has far less potential than ORD yet BAU's market cap is already far higher than ORD's.

Not for long though.

:)