Market cap is now $21mln at 4.5c for the merged entity, plus...

Market cap is now $21mln at 4.5c for the merged entity, plus $12mln cash.

Relatively cheap compared to ABZ which only has bauxite resource of 116 million tonnes at 42% grade.

ABZ market cap is around $19mln.


And we have 202 million tonnes, 134.6mln of that is at grade of 53%.

Higher and bigger than ABZ, correct me if i'm wrong.


Plus we have coals and ABZ is short on cash i think.

Much better value than ABZ who also has Xinfa as its project partner i think.