$2M has been paid. Yes, it is accounted for in the cash or otherwise spent.
$6M is owing.
Plus another $2M if mining ever starts at the gold mine.
The cash backing at 31/3/17 (if the $6M is received) will be around 2.6 cents per share.
Then there is the Thai lithium asset, the (pretty good) Mongolian coal and whatever else they have.
valued 4.0 cents+, page-5
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