Can I prompt a little intelligent insight from the brains trust?
Bauxite sector, in particular near term producers. This sector seems markedly undervalued at present. Prices are stable to increasing, demand is also stable to increasing, but the outlook for supply looks highly promising due to the reduction in chinese bauxite over coming months & years. Their product is poor quality and is being removed from the system in favour of better quality Australian product.
Any comments, insight, criticism?
I have my eye on MLM, MMI & ABX. Taken a position in MMI after they passed some significant milestones yesterday and the SP didn't reflect it.
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