Ann: Annual Report to shareholders, page-4

getting to a stage to mine is extremely difficult and no VALUE yet alone premium has been applied.. net assets $22m.... exploration and deposit already $0....

once this ramps up production it will have cash multiples of current market cap.... they do need to build support infrastructure for wash plant but can fund that with cash over next couple of quarters....

extremely tight registry, 98% is held by directors....

market just sees 4b shares and coal and stays away.... yet this could be looking at a $22m++ EBIT annualised return in no time.....

most undervalued mining stock on asx now imo..

longer term they want to buy up lng and other minerals so this could be huge