Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-4

Currently $12m mcap and a $7m farm about to settle to bolster cash reserves. I estimate around $22m assets remaining. They are losing money however. Recent cost cutting initiatives wont go that far however something interesting identified on the chairman's report. "We are taking a proactive approach in seeking synergistic consolidation opportunities. We have identified and are currently evaluating potential arrangements". https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02744145-3A631539

In fact this has been mentioned as a key initiative fy24 across multiple releases

Technically the bullish divergence and accumulation is compelling. Fundamental shifts would have to align. However make of this what you may

Imho a very interesting risk/reward proposition. Dyor