cygnet research valuation 42c, page-7

Yep all, don't get too lonely, we are all still here. $4m cash in the bank and I enquired the other day on what the company estimated the value of the tailings from previous mining would be worth if we trucked it to the closest processor and was told roughly $3-4m so if we subtract those couple of items we get a mkt cap getting stupidly close to $12 which I personally think is silly given the potential this company has and the stated resources. Is going to be a little light on news flow in the coming months so I am putting this one in the bottom drawer and sitting on it for a while.