undervalued

Okay so briefly stating, they have 245million shares at 15c each makes $37million, less $15.9million in cash equates to being valued at $21million.
Add a plant that was going to cost between $100-150million, numerous mines with considerable drilling already carried out, Kylyati nearing second dfs and Roseby now showing signs of being a monster. All in safe contries and all containing copper/gold, which show the strongest demand.
If think I can safely say all this for $21million, is fairly undervalued.