coal company cash comparison, page-15

Here is the next up-date on cash in our Coal companies noted below (as reported 30 Sept 2012).
Shares issued as at 30 Sept 12, Cash noted, then expressed as cents per share issued, followed by market price per share last night, value for company at that closing price, then finally the % of cash to market cap.
Draig has Trinty funding noted in brackets - as this wasn't reported as at 30 Sept 2012, but has come in since.

1-AKM_620,594,556_$14,280,000_$0.023_$0.170_$105,501,075_13.54%
2-BND_528,481,199_$10,107,000_$0.019_$0.295_$155,901,954_6.48%
3-BTU_696,747,997_$3,970,000_$0.006_$0.415_$289,150,419_1.37%
4-DRG_65,503,845_$4,800,000_($6,100,000)_$0.073_($0.093)_$0.100_$6,550,385_73.28% (93.12%)
5-GUF_521,046,899_$10,048,000_$0.019_$0.535_$278,760,091_3.60%
6-MNM_242,366,858_$1,096,000_$0.005_$0.059_$14,299,645_7.66%
7-MOU_844,568,109_$2,598,000_$0.003_$0.013_$10,979,385_23.66%
8-WHC - 979,170,387 - $122,000,000 - $0.125 - $3.430 - 3,358,554,427 - 3.63%

As one can see, our Drg is still very under-valued; positive announcements can only send this one way; however we are basically not including the majority of the licences - as we are valued at just over the cash value!

dyor ~ just my take on the situation ...

Cheers :)