Per recent AGM presentation - Sale of Lethbridge should see ending cash and liquids of $21.7m AUD. If Moberly Project is financed and green light to develop NPV $48m AUD on IRR 10% was indicated.
Shares on Issue $154.1m at 9.3cents sees market cap touching $14.3m. A valuation gap appears for patient investors from my simple maths.
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