Some facts

Folks,

On the verge of beginning a new production scenario with Adelaine Sugar Factory well #4  ... I thought it opportune to outline some notable facts ...

1)Current PSA Stock Price is AUD 10 cents

2)Current PSA Cash Balance is estimated at US$27.1 mil / .94 exchange rate = AUD$28.8 mil

3)PSA Cash per share = AUD$28.8 mil / 231.2 mil shares = AUD 12.4 cents per share

4)PSA Company Debt = $0

5)The above $28.8 mil already allows for the costs of establishing Adeline Sugar Factory Well #4 (estimated at US$1.4 mil).

Sounds good to me ...

Cheers
PeterRG