easy guys. how bout getting to a cash backing mkt cap first. etrade says it 11mil. cash is 16m this week? i thought 150m shares at 20cents is 30mil, now more.
so can anyone clear this up.
1mt of bauxite is about $50-100mil this year. year 1 ramping up to 3mt, with other goodie announcements on the way. so yeh lets start with 50cents before thinking about all the tenements value etc. anyway hope the bear market turns soon too.
BAU Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held
