Good to see Aluminum above $1900 US a tonne. Its been a while, now just waiting to see a reflection of Alumina on the LME( still at $300 a tonne), even though AWC use the FOBO price which I have no access to, but Alumina prices around the world should be similar.
ATM, i am expecting a higher divi with approx Alumina cash price of $300 a tonne and operating costs at Approx $200 a tonne, due to weaker energy prices (COVID).
Definitely a long term play but can really see some dividend hunters sharpening their pencils over this one.
Might reduce my TLS and buy more AWC, moving forward.
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Good to see Aluminum above $1900 US a tonne. Its been a while,...
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