mkt cap 11.6m cash in bank 19m, page-13

I might be wrong but doesn't this calculation require the shares to be above 30¢? In fact, rather substantially above..ie 33-34¢ to make it worthwhile. The only way that will happen is a decent discovery....and it hasn't happened so far. Early days but I would not be including option revenue at this stage....pure pipedream.......That said I've got a decent amount of these, for yonks, and waiting very patiently......for ESG to buy them back...