under cash backing plus 3 gold mines

Should now have 30 MILLION in the bank .
Has Bendigo gold mine on care and maintanence and is up for sale.
Probably worth 5 + MILLION
Has Henty gold mine with 10 million ounces left, Good chance of extending by 2 to 3 years.
Worth 20 + MILLION
Has Dargues gold mine, could start up in 6-12 months.
Worth 20 + MILLION
Has a few shares in Goldstone resources
Worth nearly 1 MILLION

TOTAL VALUATION (in my opinion) IS CLOSE TO 80 MILLION
THAT'S 3 TIMES CURRENT SHARES PRICE
HAS LITTLE DOWNSIDE WITH CASH BACKING

This is my biggest holding.
Managing director has contacted me
Thanking me for being a large shareholder
Which was surprising and refreshing .

Goodluck everyone

Johnrap.