Found an interesting article on another thread that may remind everyone why we invested in bau in the first place to calm nervous investors down. With cost effective ore (energy efficient) bau's time in the sun will come. The price is a bargain atm with many other stocks. MKY thread is going crazy over there bauxite announcement. Compare them to us and you will easily see who is further advanced and better placed.
My response........ standrew Post #: 3408614
ashc36
Yep, BAU maybe further advanced (and I was a BAU holder until recently), but MKY @ 1.4c with prime, world class Weipa bauxite (which is superior/higher grade to WA), has got to be a screaming buy! Next door to RIO, next door to Chalco, next door to everyone, Chinese delegation due in next week or so, and at a fraction of the price!
MKY Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held