yes i've heard MKY's has being doing a roadshow with brokers and that there is alot more interest as a result of their understanding re Callabonna deal, our very healthy looking share registry (SK Enegery, etc) and particularly since one of the largest overseas investment funds Geiger Counter (invested in some of the top international U-stocks) has bought a large position in MKY.
my expectations of sp is 2.5c short-term (until merger complete) then 5c++ before end of year based on..
1.more details flowing about merger deal & who took 40m placement 2.ann re Qld fieldwork due 3.possible ann re jv on Weipa bauxite 4.possible further acquisitions in WA 5.drill commencing on Callabonna U + geothermal targets 6.possible jv partners in geothermal project/govt grant 7.fieldwork commencing on Arunta targets 8.other energy opporunities arising...backed by SK Energy
and if Qld comes around to lifting u-mining ban we will be looking extremely nice
this is my view only .. dyor
MKY Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held