Ok, I need to explain in some detail. What is the cash value of...

Ok, I need to explain in some detail.

What is the cash value of BURU?. It is not the figure that ARQ has come up with.

The value of anything is what someone else is prepared to pay for it.Buru is not listed on the ASX, hence tradeable. Listing is a time-consuming business. Hence in the meantime so-called "Buru shares" have no value and in my view should not be included in any financial comparison.

By now, you are no doubt thinking I am taking a pretty harsh attitude.The reason is I have been taken in a similar fashion. Holding shares in IMA, I was offered priority in the MAU float, a carrot being free contributing shares. I was foolish to take up the offer. That was 14 months ago and there is still no way that I can get rid of the contribs, they are not listed (cant even give them away).By the way, MAUs fully-paids have dropped from 30 to7 cents.

I am not knocking ARQ or AWE, in fact I have a large holding in AWE. All that I am really trying to say is dont put a value on something you cant sell.