re: bam bam...looks bullish Could be dued to this?
I am new to this U stock. Comments please?
Appointment of Alan Fitzpatrick and Allan Blood as Directors
Mr Alan Fitzpatrick was appointed as Managing Director and Mr Allan Blood was appointed non-executive Chairman of Directors of MKY Corporation today.
Alan Fitzpatrick
Alan Fitzpatrick has recently resigned as global operations director - engineering & construction of Newmont Mining Corporation Inc., based in Denver Colorado, USA. Newmont Mining Corporation is one of the largest gold producing companies in the world. In this role, Mr Fitzpatrick was responsible for the implementation of multiple billion dollar projects around the world including in Australia, the current A$1.6Billion expansion of the Boddington Gold Mine in Western Australia (Newmont 60%).
Prior to joining Newmont Mining Corporation, Mr Fitzpatrick was a senior executive engineer with BHP¡¯s international division where he held a variety of senior engineering management roles.
Mr Fitzpatrick is an Australian originally from Melbourne and will return to that city to take up the position of managing director of MKY Corporation and managing director of the unlisted public company Australian Energy Company Limited (AEC). AEC is in the process of establishing an energy related division in addition to its current $1 Billion undertaking, a combined power/ammonia urea project based on coal gasification with low to zero emissions.
Mr Fitzpatrick will have executive responsibility for MKY Corporation¡¯s Uranium exploration and development programme.
Allan Blood
Mr Blood was the founder and former Chairman of Australian Power & Energy Limited (APEL) now Monash Energy Limited, a subsidiary of Anglo American Group plc. APEL was purpose formed in 1998 to develop the Victorian Power & Liquids Project, a $5 Billion coal to gas to liquids project. Following the takeover of APEL by Anglo American, Mr Blood resigned from APEL and formed Australian Energy Company Limited and initiated the company¡¯s current $1 Billion undertaking, a combined power/ammonia urea project based on coal gasification with low to zero emissions.
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