The qtrly report highlights that the cash backing of the company is 64c.
The stock is only trading at 65c this afternoon.
So for 1c buyers get the following: 1. White Dam production and the extension that is expected 2. Royalty income stream from Great Australia (expected $30m over 4 years. 3. 2400 sq km of prospective exploration tenaments 4. Quality management that can deliver.
I never knew that 1c could buy so much!
EXS Price at posting:
65.0¢ Sentiment: ST Buy Disclosure: Held