Ann: Annual Report to shareholders-NIU.AX, page-3

My thoughts going into the Ann Report were to expect little.
NIU seem to have a history of not being overly forthcoming with updates so i expected the Ann Rep to be dry... and it was.

I didnt expect a bump in profits as yet due to the new processing facilities.
I expect this to start flowing in the next quarterly which will come out in another month. This will also be reflected in the Dec Qtrly and in the half year report (if we have one).
That gives about 9 months of time of the increased throughput to show on paper.

Obviously the drill results will come in the next 6 months also, so no surprise nothing was said in the Ann Report.

I'll have to read it properly over the weekend... maybe.
lol