Ann: Gulf Secures A$10.8M Cornerstone Investment, page-21

The positive is that this should see the company to production, so the risk factor is mitigated somewhat, but fully diluted ie, in excess of 5 billion shares, a market cap of $500 million sees the shares about 10c. $250m at 5c. I don’t know if it’ll ever be worth that sort of money. Other players in the game are bigger and better, and operate under less restrictive legislative regimes and this will be reflected long term.