2016 AGM Presentation - US Sales Update, page-6

The voting procedure at this year's AGM was a bit clumsy. Computershare guy walking around with the ballot box and then spending 30 minutes tallying it all up.
Anyway, this gave the floor a lot of time to grill Newmo. Key takeaways:

1. Trump factor is good for NEA due to more infrastructure projects;
2. New Chairman impressive and Rosscoe's comment "he actaully appears to understand what the executive are talking about"
3. New US director seems to know his job.
4. Gerhard moving on to another start up (NEA unrelated). He started when SP 3cents so hes done all he wants to do at NEA;
5. Newmo - more of the same really, no churn, keep upselling to existing customers, get new customers...US costs to stablsel while revenue increasing.
6. Aus operations $19M cashflow positive.
6. Cash is ok, no plans to expand into Europe and no capital raising.