EV of $1.2m (not including current WML increase) $11.6m cash and investments, no debt. JV (20%) and large shareholder in WML (at least 11.5m although cashflow indicates possible larger participation in raise at 1.2c). Directors purchased 5.85m shares since Feb 2020 $5m iron ore royalty due from project sale June quarterly states in "advanced negotiations" re gold and base metal projects Pending application on ground adjacent to Panoramic Resources PGM resource in East Kimberley (2Moz Pt + Pd)
