Ann: Appendix 3C - On market buyback, page-32

  1. 521 Posts.
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    The present price is 5.5 cents and the cash backing is around 7.0 cents.

    That's better than a 25% return if the SP reaches its cash backing.

    As well, management should have learned quite a lot about how to
    deal with government, media and the public in the last few years.
    The next project they choose should be squeaky-clean in risk hopefully.

    Well worth waiting a bit for the dust to settle in my opinion.
 
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