Just looked at this business and it has a host of interesting assets .
The reality of the fast approaching East Coast gas shortage may unlock some of them .
However the Elephant in the Room is the share price that has sat at the minimal trading price of .1 cent for a very long period .
Zero buyers and 800k+ sellers at that price and only a dribble of buying each day .
The Market is saying the business is overvalued at $47 million .
The business does not have enough cash to do much to advance its exploration assets .
Why doesn't the company do a consolidation of the shares to make them tradable and more importantly to be able to raise needed capital from shareholders to move forward with its projects ?
Probably the consolidated share price would drop the market value of the business a bit but with the assets it has there is the chance to then move forward .
For me as it stands the shares are uninvestable .
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