Ann: Quarterly Cashflow Report-AVB.AX, page-66

Ahhh, some of the exact issues there's been in the past around what management suggest is going to happen vs reality:

- Cashflows from AN were going to fund mining at PB
- then a Dilutionary CR to speed development at PB
- now we have a mini mine planned for PB

The perma-bulls can argue market factors etc till the cows come home and keep forgiving management for changing the goal posts, but unfortunately the market is just seeing same old same old in terms of expectations set and the outcomes actually realised.