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Anne I'm not sure AWC actually are involved in the aluminium smelting part of the process, from memory Alcoa is the one who smelts the aluminium, then Alcoa pay a dividend to AWC as they are basically a major shareholder. I think that's how it works.From memory what AWC is involved in is the mining and processing of bauxite to alumina, this is then further processed to aluminium in the final stage, which I think is what [USER=676]@Smurf1976[/USER] was talking about. Well that is my understanding, I have had AWC a few times, buy in at about $1.50 sell out anywhere above $2.I don't have any ATM, but I guess I'm saying be sure you're making a decision on the right inputs and assumptions, by the way love your posts.
Anne I'm not sure AWC actually are involved in the aluminium smelting part of the process, from memory Alcoa is the one who smelts the aluminium, then Alcoa pay a dividend to AWC as they are basically a major shareholder. I think that's how it works.
From memory what AWC is involved in is the mining and processing of bauxite to alumina, this is then further processed to aluminium in the final stage, which I think is what [USER=676]@Smurf1976[/USER] was talking about.
Well that is my understanding, I have had AWC a few times, buy in at about $1.50 sell out anywhere above $2.
I don't have any ATM, but I guess I'm saying be sure you're making a decision on the right inputs and assumptions, by the way love your posts.
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