45%....75%....30%...., page-34

"Despite that, they still slapped a handy $5.9 million value on it (2.72c per share) and when combined with the NTAV of 8.11c per share, we are looking at a base share price that should be around 11c."



Just to avoid any confusion, the $5.9 million I mention above, represents a "valuation increment" only.
The overall valuation naturally, is $11.8 million.
Some rather handy 'asset backing' for a chunky leasing loan, wouldn't you say?

Remove that funding cloud and the game suddenly changes kids.


Gottaseethebankmanager...