Man lets not turn the thread in to a he said she said thing
Must admit looked into bau before when looking at specs but edend up with MKY
Co has good newsletter on progress updates, projects,plans has over 9,000km2 of prospective tenements in the highly prospective bauxite region of darling range wa ,project plan to excavte 2mt ex GBG Project Manager ,over 2m spent in 1971 (lot a money back then) to confirm proven resource , has interested chineses partners who they recently visited and got some nice shots of MD standing tall in front of a benefication plant and under a lovely banner in chinese
Sounds familiar ,yeah, if anything more advanced than a co i wont mention (due to the current Co Bagging restrictions subsection 3 paragraph 2 line 3.d)
Heres what the market thinks (appreciate market madness at mo but and bau's peak was during Qtr2 this year)
BAU Shares in issue 72m trading range of 0.09 - 0.65 giving est mkt cap of 6m to peak 46m, bau much more tightly held share registry and 8 times less volume so could jusitfiy a good spike
MKY undiluted 550 ramge 0.009 - 0.08 - mkt cap 6m to peak 44m
Better way to try and value markets reaction to any progress in MKY than irrational guesstimates
MKY
mky resources ltd
