Ann: Highlights of Half year Results December 2014, page-4

It's looking good.

Gross margin = 47.9%
Operating margin = 41.6%
Pre-tax margin = 41.2%
Net Profit margin = 39.8%

PER at SP of A$0.88 = 2.9x
Sales growth since FY14 = 45.3%
Costs/t = US$61

Debt is down to US$8m from US$9.3 at end of FY14
Cash has moved up to US$13.6m
Annualised Ev/OPCF is just 1.9x
Annualised EPS is currently at A$0.24
EPS growth is 62%
Earnings yield (EBIT/Ev) is 19%

Surely, just a matter of time before the market gets around to a re-rating.
CPDLC