Total SOI after the raise assuming all allocated ~500m @ 0.4c = Market Cap $2m and cash of $800k
EV of $1m before you count the power station licence.
http://ircast.com.au/conferences/online/go15/pres/1109/launcher.php (link at the bottom)
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Ann: Market Update, Board & Company Changes,UIL-ENB.AX, page-4
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