Disappointing yes, but explanations given appear legitimate an understandable, it is the 1/2 yearly report only, full year results are the measuring stick.
I think we always knew the shale venture in the u.k. was going to be the saviour for us, and it mist likely will prove to be, but don't let's throw the baby out with the bath water.
The market conditions in which we operate here in oz have been absolutely terrible, but the winds of change are starting to gather force.
The federal government are priming the country up for coal to be a player again and in-ground gas exploration to be embraced. The next six months will be crucial and exciting.
Disappointed yes, worried no. Maybe this is one of those little bumps boyars alluded to
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- Ann: 31 December 2016 Results Media Release
Ann: 31 December 2016 Results Media Release, page-6
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