VALUED AT LESS THAN CASH !!27 Feb 2018 13:43
Cash at 31/12/2107
US $6,081,000
= £4,367,413
Shares in issue 202m
= 2.16p per share of cash and no debt.
Anyone buying shares in GBP are getting all of the assets including BILLIONS of barrels of oil in Namibia for FREE !
Don't see this type of opportunity often !
Time for the board to either do something or just return the cash to shareholders.
Imho it's a no lose scenario at this price.
Nai/DYOR