"Being objective" they perhaps have "orders of magnitude" of upside...So using only two orders of magnitude is that:
a 2,000 year mine life at 10Mtpa?
20 years at 1 billion tpa?
or 200 years at 100Mtpa?
but wait, there's more - there is no downside!
Kalenn, you cannot be objective when you represent 15% of the shares and promote the show as a '100-bagger'.
By the way you are still not using the CBIX site correctly. You must input available alumina to calculate the ore value. If you believe your input is available alumina then that back calculates to a total alumina grade of about 54% so already you must have made an allowance for high grading or beneficiation. Really quite interested in your response on this one. I've raised it a number of times and you ignore it each time.
The CBIX site calculates Chinese bauxite values. Seems only fair to use freight costs to China too.
Ann: Canyon commences drilling at Minim Martap, page-81
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