Ann: 2012 half year financial results announcemen, page-2

re: Ann: 2012 half year financial results ann... OZL beats analyst forecasts

But the business consumed all the cash flow from production in the half year.

This was probably due to the CAPEX for Ankata.

H2 should be interesting – less CAPEX on operations will allow a build up of reserves (hopefully).

Unless of course, they move on RXM.

Divvy 10c unfranked.