I noiticed a mistake on an earlier post(I remembered the figures incorrectly).
I said the paid for ball mill and mining fleet for Andash were worth 25-30c but that should have been 15c.
The two have a market value of around $16mill.
The 30c/share for cash was correct; 34mill cash at end of quarter with 106mill shares on issue.
Andash approx NPV $400mill (assumes very small addition of ore to reserves from zones 2 and 3) is near $4/share.
quarterly report, page-24
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