Price Guesstimations?, page-6

2 ways to look at it 1- market comps - not that many around as bauxite dominated by the big boys but MLM and MMI the two easy ones - however you skin those lindian miles in front at this stage - tonnes 37m plus, and grade (both alumina and silica) both standing out like great dane testicles - MLM capped at 17m with 3m attributable tonnes at 40% al and 5% silica - LIN 10x current size and grade, different league - 2- DCF cashflow - quick and dirty - 1-2m tpa at minimum $10 a tonne margin (using $50 CIF bauxite which is market - lindian higher value product should get you 55/60 so 10 should really be 20 - either way you have an operation that can do 10-20m a year in free cashflow - for 20 years plus and that is only on the one deposit - there are 2 (maybe 3) bigger ones to come as they announced - durex boy - you will need to keep biting at these