Interesting reading - Net asset backing of 11 cents per share - swimming in cash! I am comfortable holding for now and will top up if falls below 11 cents.
Interesting comment from page 2 (suggests that the directors believe the share price is dirt cheap!) -
"The Company is aware that the market is not fairly valuing the Gullewa assets despite the
steady upward demand for Gold, Copper and Silver. Batavia remains committed to
returning fair value to shareholders and continues to pursue all commercial options for
the Gullewa Project".
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