Cash backing per share $0.33/share c$350M
Environmental costs (unlikely as the asset is a at similar state to when it was acquired from BHP)
value of other equipment 50% discount to book value (50% of $220M) $110M
Mining assets $0M
The maths don't seem to add up when compared to current share price.
DYOR
Cash backing per share $0.33/share c$350M Environmental costs...
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| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $90.46K | 246.0K |
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| No. | Vol. | Price($) |
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| 15 | 77677 | 36.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 205464 | 32 |
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