Well, mkt cap is
Cash as of end of Dec = $1.935mn
Shares on issue: $80mn
Share Price: 0.07
So, at 7cents, mkt cap:
= 80mn @ 0.07
= $5.60mn
WITH $1.935MN CASH AT BANK
SO, ALL OF THEIR REMAINING EXPLORATION ASSETS - FOR WHICH THEY ARE FREE CARRIED BY US OIL GIANT APACHE - ARE VALUED AT $5.60MN-$2MN = $3.60MN
Oversold!...
big buy order, page-8
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