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1,561 Posts.
56
17/10/12
13:20
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The cashmere investment is not the only asset.
The Roy hill investment sold for $3.2m but the business also had investments in Duck Hill, Paulsens & Ripon Hills tennaments.
Depending on what these can be realised for there is a huge upside if the claims can be mittigated.
The MMX shell also holds $19.2m of Tax losses which shouldnt be ignored.
Based on the 30 June accounts and the sale of Roy hill I estimate NTA at $0.072/share (ignoring the claims)
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