Ann: Interim Financial Report for the half-year e, page-111

re: Ann: Interim Financial Report for the hal... Cashed up,

So what your suggesting is that a market cap correlates to production? Whether that be profitable or not?

Sure I can name 100 producing companies with various ranges in market caps - The fact they produce is irrelevant if they don't make any money.

RDR is no comparable to ABM and nor is Regis for that matter.. One is capped at 77m and the other at $2b.

Go read up on White Devil which Normandy owned back in the 90's - There is a differentiator - but it aint whether a junior produces or not. Its all about margins and profitability..

Cheers

Pete