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0.00% 4.7¢ vango mining limited

OK OscarI re-read your post130mt of bauxite makes 37mt of...

  1. ddzx
    37,911 Posts.
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    08/05/11
    11:27
    Post #: 8369378
    OK Oscar

    I re-read your post

    130mt of bauxite makes 37mt of alumina

    At $400/t and $150/t costs and 35% tax & stuff, cash flow over the mine life = $6b

    25% share to ORD = $1.5b

    divided by current 500m shares = $3 per share

    will take $30 years to earn the $3

    good luck

    VAN Price at posting: 8.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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