HHR 7.69% 0.6¢ hartshead resources nl

Afternoon all, PVD has Net $10.5m in the bank and a market cap...

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    Afternoon all,


    PVD has Net $10.5m in the bank and a market cap of $14.4m. Am I right in saying that the market is therefore valuing the current projects and enterprise value at only $3.9m? would this seem like a bargain… ?

    Have I missed something? Interested in thoughts on the more informed amongst us.
 
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