1, DAU has total 95m shares on issue, circa $3m cash on hand,...

1, DAU has total 95m shares on issue, circa $3m cash on hand, hence, cash backing is close to current SP of 3.1c

2, DAU sold plutonic gold assets for total $8m last year, 2m cash received , up to $6m royalty receivable once the mine developed.

3, DAU registered Aurigin foods pty ltd, Aurigin foods group limited (Hongkong) Aurigin Food franchising Pty Ltd, and has strong intention to move into Australia Food industry. Aurigin is its trade mark.

4, DAU announced as in last QR: DAU is establishing an Australian foods supply chain and retail outlet network in China.

You decide whether it is undervalued or not, but I expect 10 baggers return when Aurigin food business running in China.