cashed up

$5.6m in cash.
+
no debt
+
$6m in advances to Aquenox to be returned in equity on floating Mar to May
+
18.7m shares in Bioglobal which should float this year at say 20c = $3.75m asset
+
approx 190m options at 10c exercise date 31/12/2012 good chance of being collected this time around
+
11 uranium tenements beside ACB tenements in Botswana to begin work on

=

Lot better times to come for the downhearted at the momement and at 6c a great entry point for the calculated risk taker.

dyor My equation only. I may be wrong on quoting facts and figures.


Cheers