from what I can see, best to buy shares in pybar, but we cannot ( not public listed)
by my calculation approx. 21milllion in cash at the minute, 5.6 million coming in from sale of Bendigo mine.
70% ownership in henty still ( most likely reopen and mine for many years)
100% ownership in dargues.
there are also some shares in goldstone.
that means henty and dargues offered value is approx. 8 million value.
that's dirt cheap.
maybe waiting for a better offer.
from what I can see, best to buy shares in pybar, but we cannot...
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