VAN vango mining limited
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value of ord's share of the in ground bauxite, page-7

  1. SSkim
    10,751 Posts.
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    16/04/10
    11:38
    Post #: 6581883
    Tango, stragely it comes out the same value equation

    Alumina $/Ton : 450 say
    In Ground Bauxite resource: 130 000 000 Ton

    IG Value: $ 29.25 Bill

    25 % for ORD: $7.312 Bill

    10 % of IG value gives MC: $731 Mill or 36 x current MC

    1 % of IG value gives MC: $73 Mill or 3.6 x current MC

    VAN Price at posting: 4.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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