".....a 1.8 cent NTA is what it is.."
BHP NTA $14.18 SP $44.18
RIO NTA $18.70 SP $78.80
Most mining stocks trade many folds (10-80) over their so called NTA. I guess there are many tricky ways to calculate it. I realy loved to know how that works
I reckong that if the UXA NTA is really 1.8 cents it is not bad at all.
That doesn't mean I am happy with their SP :-(