only fools would sell at bellow $1.30, page-10

Macrae
please tell me how you came up with that figure , if you don't mind
the last report showed they went thru over 2 mill loss on P & L
had 1.3 mill in the bank...........which has probably all gone by now if they churn at the same rate
probable legal fees of ??? xxxxx for work on Shovelana so far, and fight with FMG

other assets worth about zilch ie plant equip etc
do they have other tenements or mines likely to come good in the future ????
the way I see it, current assets worth zilch divided by shares on issue
look forward to your reply
cheers