TEM 9.09% 1.0¢ tempest minerals limited

Ann: Full Year Statutory Accounts, page-4

  1. 534 Posts.
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    i don't get it?

    this is a small amount and is pretty lean compared to my other exploration investments.

    most of my jr stocks have a much lower net tangible assets. this would indicate that the book value is 3 x the market cap???

    im no accountant, but i know the basic ratios.

    what am I missing here? or is this another Don stole my girlfriend/drank all the beer/took my parking spot crying that goes on here?
 
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