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9,508 Posts.
661
20/04/11
13:42
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Hi guys,
with approx 62cts cash backing after the cloncurry sale and still having white dam goldmine delivering us $50 Million per year are we a bargain??
Looking at the cash backing and the current 10 cts or so for the white dam and exploration tenements I think we are cheap.
This company with the assets it has left must be worth more then $35 million.
And a dividend for shareholders on the way makes it even more appetising.
I bought some more just in case :)
jojo
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