MKY mky resources ltd

luckily we don't have to rely solely on Qld. we have very...

  1. NLR
    558 Posts.
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    luckily we don't have to rely solely on Qld. we have very prospective tenements in uranium mining friendly regions .. NT and SA. the NT tenement are almost drill ready and the SA Callabonna ones certainly are drill ready. once we get past the EGM signing off on deal, there will be another spike in the sp. IMO they will be throwing everything into drilling and getting results quickly in these 2 states. we will have over $5m cash in the bank with which to fast track

    in the meantime we should get results on the field work done in the current season on some of the QLD tenements

    work continues on getting jv partner and or sale of the weipa bauxite tenements

    i wouldn't rule out acquisition of tenements in WA .. that has been mentioned previously in anns

    we will now have a very very respectable register including .. SK Energy, Planet Gas (Norm Seckold), Republic Gold, Geiger Counter, and who ever took up the remaining 40m placement (Allan Blood should still own around 7-8%)

    we will also have a very respectable board including chairman Peter Nightingale (who is also on the board of Cockatoo Coal another of Norm Seckold's companies whose major s/h is also SK Energy). Hans Kim from SK Energy has also been appointed to MKY board

    MKY is now a lot more attractive .. and IMO many more energy opportunities will arise down the track
 
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Currently unlisted public company.

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