$1.5 million cap and Rio Tinto have agreed to spend $5 million on IZM's 100% owned bauxite project on Tiwi Island to earn 75%.
Just awaiting heritage clearance - some smoke recently, maybe just rising bauxite price or hopefully some news soon re the bauxite license.
Also recent recap with sophs in at .002, Steinepris added to the Board, as well as new cornerstone investors with experience across "a range of sectors"...
