they hold 30% of MET worth 21.5mill they hold 50% of Amour Energy (which most likely will list at 75 cents) worth 37.5mill they hold 41.5% of ANW they hold 29% of NVG and a few other exploration companies.
MC of only approx 47 mill @current price of 14.5 cents As webral mentioned earlier, most likely driver of sp increase of nearly 50% in the last two days is because of the upcoming Amour IPO. This IPO would be tough to get into. $50 mill underwritten. Shale gas and oil play in northern Australia.
