re: Ann: RBC Appointed IPO Financial Advisor ...
HC followers.: This is incredible news. All these firms were involved in the recent visits in China and Laos. Huge due deligence was performed. RBC DOES not underwrite or fund or perform pre IPO if there is any risk. Allens and EY likewise.Listing on the ASX will make us the 2nd largest bauxite miner on ASX. All this excludes additional Market cap valuations for Caledon, supplejack and Copperflats. The key fact that is also overlooked is that the project will be attractively funded by Chinese Institutions. Please show me a small cap ($26m)that has all this going for it.
I repeat.
Royal Bank of Canada one of world largest VC mining fund managers appointed Allens one of the worlds biggest law firms appointed EY one of the worlds largest accounting firms appointed
PLUS 130mt JORC Indicated Resource. 32%+ alumina grade and 2% silica. Resource upgrade expected near term.
VAN Price at posting:
5.3¢ Sentiment: LT Buy Disclosure: Held