re: Ann: High-Grade Core Identified - Llahuin... Pro-active...

re: Ann: High-Grade Core Identified - Llahuin... Pro-active Investors is saying they have about $4m cash. I went by the last financial statement, maybe they have $4m left?

Does anyone know how much cash they have?

http://www.proactiveinvestors.com.au/companies/news/31632/southern-hemisphere-mining-proves-presence-of-high-grade-core-at-llahuin-resource-increase-likely-31632.html

"Analysis

Southern Hemisphere has a market cap. of A$20 million and with cash of $4 million and no debt has an enterprise value of $16 million, which appears slight considering the company has a JORC Resource of 318,000 tonnes of copper and 307,000 ounces of gold, which is likely to see a material increase in tonnage in the September quarter of 2012.

The confirmation of a high grade core at the Central Porphyry Zone and the potential to significantly increase the Resource with the addition of the Ferrocarril concessions should spark some investor interest."