Ann: Quarterly Report - March 2018, page-138

So its been a long couple of days driving to the west coast from the east coast of Australia so my maths might be a tad of but 120mill net per annum X 50 P/E would infer a 6 billion dollar company so someone is batshit crazy but not me. 120mill X 10 P/E = 1.2 billion dollar company so at the lower end of most mining stocks including BHP and RIO. That doesn't factor in unrealised assets. Time for a drink. Hope everyone has managed to maintain their holdings. DYOR/GLTAH, etc.