For this qtrly - I'm expecting Norseman production to show another ~20% (up to 21-22k) increase from previous qtr output and a modest cash build (ignoring an debt payments due) of $2-$4m would be good. For me that will show the ramp up is trending in the right direction.
But considering they STILL haven't announced achievement of 'commercial' production at Norseman (an illustration of how badly the management team have performed with this development project) perhaps that cash build is maybe wishful thinking...... could they be cashflow neutral maybe?
dsgsdg
Ann: Half Yearly Report and Accounts, page-99
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