Is this an undervalued stock?, page-14

there are couple things we both agree:
1. the current business is shrinking, due to the overall mining sector retrace badly in the last couple years.
2. However, its still a profitable business, even though the bottom line is less than before
3. They have plenty of cash on hand, but long term liability is less that 25% of it.
4. Plenty of opportunity to diversify, acquisitions, with the current amount of cash
5. why the current SP landed @10 cents, mainly driven by the down trend turnover/sentimental  movement, cause the negative market perception.
6. 10 cents/share is way undervalued.

Conclusion: this is perfect opportunity to invest for the coming events, of course, there is always a risk

I will add more once I get my money out the food sector, this share is definitely under valued.