ADV 8.33% 13.0¢ ardiden ltd

Ann: Ardiden Confirms Further Broad Zones of Gold Mineralisation, page-26

  1. 18,025 Posts.
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    I'm confused

    How many shares have cash in bank that is equal to their m/c...and are, as well, a highly prospective au explorer...with those assets valued at nil.

    And....have a 5% holding in a company with a m/c of $250 million.(GT1)

    Just the cash and 5% is close to 2x the present s/p

    have I miscalculated?
 
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