MKY mky resources ltd

why, page-8

  1. NLR
    558 Posts.
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    agree, kelp, anyone suckered into selling on a $100 trade as done yesterday is desperate..and it's happening everyday

    yuro, you say announcements are few and far between and never about real exploration..drilling etc. the NT tenement is still an application, probably won't be able to set foot on that for another 2-3mths..the good thing is the previous owners already had agreement with native title owners. check out the red tape you need to go thru to get from application to a licence.....
    http://www.nt.gov.au/d/Minerals_Energy/Content/File/Angela%20Pamela%20flow%20chart.pdf

    the Qld new U tenements should be thru the system very soon and drilling can then commence..the same with the bauxite tenements,,many of them are still in the application stage...if you want to blame anyone, blame the system..one document I read on the QLD exploration licencing process claimed it had, in some cases, taken up to 500 days to get approval..that's not just a problem for MKY but all explorers..most state govts are trying to speed this process up

    as I mentioned in an earlier post..I wouldn't rule out an ann re an "advanced project" as they have been hinting they have been working on in qtrly reports..not a ramp because it's on the record..you just need to read the reports properly
 
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