Ann: Appendix 4E and Statutory Financial Report 3, page-3

re: Ann: Appendix 4E and Statutory Financial ... .....I was expecting NPAT to be slightly higher.....although...."PanAust signed a sale agreement with a long term customer which incorporated the deferred
settlement of an outstanding provisional pricing liability. As at 31 December 2008, the provisional pricing liability for this customer was US$39 million. The liability was progressively repaid over the first half of 2009 and concluded in July 2009."....so (if am am assuming correctly) if we were to bring forward this liability then NPAT would have been approx...$62M! Not to bad me thinks. Is this right??


....so I would expect this liability to boost current quarter NPAT...unless we have significant pricing liability.

DYOR....share price will is dependant on co. continuing to deliver operationally and more so growth prospects.