A bit of reserach whether independent or paid for pointing out the largely freecarried JVs with Chinese interests, the share buyback underway and the cash backing above the mkt cap and huge landbank of company owned tennements in WA which are boasting an ever growing JORC would also help.
I get the feeling that a decision has been taken to keep this one hidden. If I was CEO of a company with all these pluses that the market had completely overlooked or misunderstood then I would shouting from the rooftops.
As things stand our company owned tennements and the 2 JVs are valued by Mr Market at approximately minus $12mn taking the cash pile into account.
EB
Ann: Cancellation of Shares , page-5
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Mkt cap ! $5.637M | |||
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