the next marengo at one tenth ofthe market cap, page-19

I get 88,078,608 ordinary shares

88,078,[email protected] = 11.5mn


But if fully diluted:

Ordinary Shares (FNT) 88,078 608

Options (FNTO) (Nov 2007) 38,968,516
(Nov 207 – 20c)
Directors Options 1,600,000

Employee Options 3,795,000


TOTAL SHARES ON ISSUE 132442184



Therefore: if 100% Fully diluted - despite opies being 7c out-of-the-money

Mkt Cap = $17.217mn [Fully-Diluted]

OR

Mkt Cap = $11.5mn

Both at 13c share price


So dexterbland... your figures are nuts and you need your head fixed!!!!!!!!...or some theraphy...


From comp website [March 2007 slideshow presentation]:


''"2700 shareholders
Top 20 ~45%
Directors ~16%

Market Capitalisation approximately $10.5 million
(Share price 4/3/07 of 12 cents)

Market Capitalisation is only miniscule 0.23% of the current total in ground metal value of about A$4.6 billion''''''


Drex... you need help; your figures are nuts; lol