"And when we do get the payment, we will have nearly 30 Mil In...

"And when we do get the payment, we will have nearly 30 Mil In the bank, that alone Is worth 10c per share"

No we don't!

Cash at bank 31st March : $6.6m

Assuming ZAR$140m = approx A$17.5m

Gives them A$23.5m

Shares on issue: 421m

Cash per share: $0.056

Not 10 cents at all!


Also consider at 31st December the cash position was $11.25m.