Ann: CIB announces $30m order, page-56

Okay to be fair to the negative thinkers and lets overestimate the court findings.

The book value is close to $200 mill. Lets say that WGL isn't actually worth $41 Mill (even though they last did a CR at 50c). Lets say when they do the IPO they only get a 20c SP. That would be $18 Mill. Also lets say that the court does an amazing finding of $20 million for the Flynn pay-out.

Last I saw the PPK group had around $43 million in cash. Pretty sure these guys know how to move money around the group with loans and maybe selling off some shares. So not likely it's going to send the company broke considering the majority of the claim is to do with the demerged PPKME.

But so I'm not a PERENNIAL PUMPER! I'll say worst case scenario is that at most the whole thing in shares and pay-outs cost the group and the mining company $50 Million. Lets even say 70% is on the shoulders of PPK Group....why? just to be safe. Lets say we have to pay out in shares to the Flynn case it effects our SOI.

Looking at all these horrible negatives we are still under valued by around to $50-75 million.