net tangible asset backing, page-21

I very much like the large discount to assets value of BATAVIA. The investments they have, the cash position and the holding in WA Metals gives the asset value a high growth angle as the Uranium gets a move along, which looks likely. The 2012 Listed Options (BTVO) allow good exposure, at a very cheap price, three years to exercise, close to being in the money and the right time frame for a larger percentage return for each dollar invested than the heads. Best wishes to all with an interest in BTV or the 2012 options, the forward scenario looks very good.