$90 mill cash. $72 mill market cap., page-64

Your post was ok apart from this comment "if you don't want to trade a stock, u don't need to comment"

There is no reason why someone who doesn't own or trade a stock can't comment, I see these sorts of comments on hotcops all the time, they normally come from people who are losing money and are a bit touchy on being reminded about their poor decision.

Anyway, I love risk. In fact I'm looking at getting in on one of the perceived worse stocks on the ASX.
Trading as low as it can get, but I don't actually see it as risky I see it as an easy opportunity to make 5-10 times my money.

I also have no problem in you believing their is a working petroleum system and giving it value.
That's how you make money, giving something a value that others are yet to realise (if your right)
I was simply explaining why a company will trade below its cash.