audited financial accounts

From the last Quarterly Activities Report:
The Group’s audited financial accounts for the year ended 30 June 2012 will be released at the end of August 2012.
(They should give us a better insight) Hopefully!

Cash and available facilities as at 30 June 2012 included approx A$15m of cash with 6m allocated to Penumbra and A$2m towards opencast contractor.

So we should be able to atleast 1-2 months worth of burn and then do a rough estimate for cash burn.
Again should be interesting.

And then the September deadline for Mashala followed by Penumbra start up!

This could clear up a lot of things for people who think its going well or bad!

But as for sp its looks horrible!
But since the market is not exactly honest I will give these guys 1/8th of a chance to redeem there deep pockets!