BTV
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2.33% 21.0¢ batavia mining limited

net tangible asset backing, page-2

  1. sigmadelta
    10,295 Posts.
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    02/06/09
    16:54
    Post #: 5233614
    Keep in mind the management control the assets, and they have not demonstrated the best of corporate governance over recent-ish history, so I suggest that's where the discount is coming from.
    BTV Price at posting: 12.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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