re: gold adding With apologies to what remains on my dinner plate:
I see 303,000 attributable ounces. Fully diluted after convertible shares, about 908M on issue at 10 cps giving a market cap of $91 mill. Take out maybe $3M cash, then the EV = $88 mill.
The EV/ounce thus becomes around $267, which make it one of the most expensive gold producers on the ASX. It isn't cheap on the EV/unit production metric either.
The EV includes the exploration tenements and Husab of course, which is what the market is valuing.
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