So doing a little bit of maths with that info:
Value per ton in ground: $0.30
No of tonnes: 2 billion (conservative)
Value in ground: $600,000,000
No of shares: 2 billion (roughly)
Share value excluding (cash and current asests): $0.30
Undervalued SP??? I think so. Have held Sundance for a long time. Very happy to hold ...
investor presentation africa down under, page-53
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