"Bauxite Resources Limited (ASX: BAU, the Company) is pleased to announce the appointment of Mr Peter Canterbury as its new Chief Executive Officer (CEO) and Executive Director. Mr Canterbury joins Bauxite Resources from Sundance Resources Ltd., where he has been the CFO for the past six years. He played a critical role in rebuilding Sundance as acting CEO following the tragic plane crash in June 2010 which claimed the lives of the CEO and the entire Board. Mr Canterbury is a highly regarded senior mining executive who brings to the role significant knowledge of the bulk commodity industry, particularly in bauxite and alumina."
and from the quarterly
"CORPORATE SUMMARY ASX Code: BAU BAU: 235m ordinary shares & 3m share options on issue. Market Cap: $25.89m based on a market price of $0.11 per share on 31 December 2012. Cash: $45.3 million at bank and no debt as at 31 December 2012. Assets: $7 million in assets related to real estate property, plant and equipment. Cash Flow: $0.4 million of cash inflows from interest on fixed term deposits and rental of plant and other assets."
doubt it will go much higher than 25c but from these levels that would be a great return
