plan b, page-27

Berlin i know you have been upbeat for so long now and still continue to be in this very uncomfortable situation which is commendable i suppose, but can you explain to all of us holders here this.
If as you state Kagara have current net asset equity of 451million, then why has it been trading at 12 cents giving a market value of between 80 and 90 million.
I hope your right but common sense tells me the assets they currently hold have nowhere near the value your figures suggest.
I hope i am wrong but MUX 35 to 40 million? How is that achievable with the total lack of liquididy in MUX given a fire sale?
Other mining assets could well be depleted or needing many many hundreds of millions to develope.
Director exiting is always a sign to me and i should have heeded that advice.ducks