BAU taken another key step towards the development of its 14,400km(2) Darling Range Bauxite Project after receiving formal approval from the Foreign Investment Review Board (FIRB) for a A$9.85m share placement to Chinese Government agency,
will post more at a later time.
most probably news confirming placement out during the week.
spoken to a few in the know and a sure bet.
ps, the Chinese regulatory authorities won't say no to a placement from a large Govt agency will they?
next leg up soon and in a big way i am sure.
BAU Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held
