As of 31/12/2012 Whl have listed under Non Current Asset - exploration and evaluation expenditure at approx. $19.7million.I would expect 95% of that would be the Seychelles.
I'm with Iod - foresight or not I expect the cash to be very good, around $20million
Now add Current Assets, the Vic Permit, the WA permit and a possible 25% or more interest in the future earnings of the Seychelles.
Good enough for me
Scobie
"hunch" says, page-30
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