Ann: Full Year Statutory Accounts, page-15

Micreg, Tigmeister

The point I was attempting to make was the very conservative nature of the accounts, surely the deposit at Vitangi, never mind Jalkunnen or the other assets are worthy more than $ 2.6 million.

I do however owe you both an apology and all the other who were wondering what I was on about. The proper definitions of enterprise value, that is the value of the company's assets excluding cash is market capitalisation less cash. I have been guilty of mixing apples and oranges. I suppose we all fallible.