re: Ann: June 2011 Quarterly Report and Appen... Probably not as their costs have increased and they are spending more on exploration and drilling than they were back then.
The thing to remember is they are increasing their exploration and drilling which will provide faster growth and they don't actually need to be cashflow positive untill they run down the 8 or so million dollars they have in the bank.
I would like to see them use up all their dough expanding before taking the throttle off.
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- Ann: June 2011 Quarterly Report and Appendix 5B
Ann: June 2011 Quarterly Report and Appendix 5B , page-13
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