I can't believe the discount is nearing 50% while they are hold stocks like Atlas, Riversdale, Lihir and Western Areas, all A grade resources, all potential take-over targets, all low cost and long life.
The other thought is the cash component in the bank its around $25m which equates to 10 cents per share.
....and they will be distributing a full-year divi.
I'm accumulating down here.
P
nta of 92 cents, page-6
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