KRE 0.00% 6.9¢ kimberley rare earths limited

Can someone please help me out here. I was told this mob by a...

  1. 828 Posts.
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    Can someone please help me out here. I was told this mob by a friend and basically know the rare earth story and world dom of REE by China. But without doing any geo or other research on their tenements I have an instant dilemma.
    Why is a stock with $14M cash in the bank valued at $9M..........have I missed something?
 
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