i spoke to ian yesterday, page-20

tightjock

"The contractual terms are being finalised"

FINALISED being the operative word.

They have not said JUST entered into a contract.

They have said being FINALISED.

You guys are too focused on timing and not potential. I too would love to have news straightaway but am realistic enough to know that just ain't gonna happen.

Read what's happening in Weipa with bauxite and you'll realise the potential. MKY is the cheapest potential bauxite stock I know of and once deal IS FINALISED you'll be laughing all the way to the bank.

I got into MKY for the bauxite potential. The uranium is a plus for me, but bauxite is big. The reason it's big is that it requires so much energy (mostly coal driven)to convert the bauxite into aluminium. Africa, India and particularly China all have energy problems. Australia has the coal and this is why the Chinese are coming here to build refineries and they will need more mining of bauxite to feed these refineries