It is interesting to hear the negativity from Baiters or...

It is interesting to hear the negativity from Baiters or Shorters.
I love Shorters by the way they create extra bargains for those using their brains quite often in quality shares.
$2.9m after tax for a company worth $37m at the moment is a 7.8% return tax paid or you can always add the tax back and call it nearer 9.5% pre tax return.
OOPS and it miscalculated with another $700k received this QTR in outstandings that wasn't expected towards last years profit.
It's a Bugger when the Gold price goes up isn't it from 31st DEC to when the Gold is actually sold later creating even more profit.
With accrued tax losses this Bunny is sitting on $10m plus CASH in January with more to come as all mining expenses except milling are paid for on another 60kt of ore.3 months to go there max.
Take your pick on $15-18m CASH before expenditure on new assets being bought or MINING starts creating more gold to sell again.
In my mind the current share price is near the equivalent of 50% CASH backed not long after Xmas with little downside on that other than planned expenditure.

DYOR + DYODD Shorters please short as there are Soakers waiting for you on this share,some with deep pockets.The recent 3,5c rally was on around 10k of shares.