Do I understand that GMX has about $4.5mn in cash worth about...

Do I understand that GMX has about $4.5mn in cash worth about 15c per share based on 70mn shares).

This makes an EV for the Vale project of about 3c or $2.1mn.

Vale only goes after big stuff and rarely deals with minnows.

Makes GMX suddenly look very cheap.

Only 91k shares offered surely this will fly when the wider market reads the Vale Farm in ANN.

EB