Well that's a milestone for me, finally they reach reached an...

Well that's a milestone for me, finally they reach reached an operational cash flow neutral position.

That's using my own (conservative) metric where I count NEA's development and capture costs as operational, rather than investing.
Given that old models and captures eventually will (or should) be next to 100% written off in the medium term, I've always thought they should be classified as operational. Others will disagree.

But this is a major milestone, profit led exponential growth is coming in over the next few years, SP appreciation starting around ~25% pa will match the growth, either over the coming years, or perhaps in a major sugar hit even sooner than that.