If you are the director of an ASX-listed company focused on Africa you seem to be in a good position, as share prices are increasing and Africa continues to be seen as a continent of great opportunity. But are you? We looked at the market capitalisation of 118 ASX-listed companies whose sole, or primary, focus is on mineral projects in Africa at June 30, 2013, December 31, 2013 and June 30, 2014. We thought that it would be interesting to also look at how much cash they had.
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