re: Ann: CEO Presentation to Symposium Roadsh... Waiting patiently for Bauxite to be flavour of the month:
2 Projects at Pre‐development stage - Decision Time?
? 33 tenements 7,600 km2 in QLD, NSW & Tas 100% owned
? 2,200 drillholes totalling 19,400 metres Drilling fast
? Exploration Target 200Mt to 300Mt 200Mt is big
? Bauxite Ore typically low silica, gibbsite bauxite
? No restrictions on bauxite exports Can export
? Peers blocked by socio‐environment Many projects
? 100.6m shares @ 70 cents = A$70m market cap Undervalued
? Cash at 1 January = A$8.6 million 2.5 years
Annual expenditure = A$3.6 million funded
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