Ann: Quarterly Activities and Cashflow Report , page-9

Kenjul, I'm guessing your post is a joke - hence the plus 1 from smeone with a similar sense of humour.

But certainly this one is plumbing new depths. In May 2004 they hit a monthly low of 10c. Then it was onwards and upwards to $2 in July 2007. From those dizzy heights, they hit an all time low of 6.5 in June 2013. Today they hit a new all time low of 5.9, and from the daily chart it looks like there's still a way to go.

They hold cash close to their current MC, so receivership is not on the cards for a while, but it seems that the current market assigns a zero value to their "resource". And if that belief persists it seems logical to predict the SP will drift slowly towards zero with their cash balances.

I'm not selling my small holding, but it's like a chip on a single number on the roulette table now - it would take an unlikely miracle for it to come good.