Thanks for the comments .
I'm trying to understand why the market cap, is less than its liquid assets.
What is the structure of the board like? Are there any Chinese blocks of owners that vote down paying dividends or selling down the gold stock piled in the Perth Mint or doing a share buy back?
Why I mention this is I'd like to buy this stock but there may be similarities to iron miners GRR & MGX
Gold on Hand Worth MORE than Mkt Cap!, page-57
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