All that plus their share of Cleansweep that should be worth at least $2m p.a. in cashflow. This cashflow alone would be enough to keep company going (staff & administration costs)for the next few years.
Plus 32-33c in cash backing. Plus exploitation of their best assets ahead of them.
The big thing against them is their profile. No broker other than Euroz pays any attention to them, so management really needs to focus on this in the new year.
Spec
SEA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
