Ann: 2019 Annual Report and Appendix 4G, page-8

Thought I'd have a quick look since I drive past their building several times a week :

$8.8mill cash and equivalents
$6.2mill current liabilities (mostly restoration provisions)
$640K rent etc for a huge building housing 3 or 4 people
Done zip for many years
Balance Sheet shows $11.6mill Net Assets but $7.5mill of this is "Exploration Expenditure"

Why is Market Cap $7.8mill and why are people invested here ??

Cheers - Surfydad