The next key announcement I'm watching out for is that 'Norseman' has reached commercial production.... eg; the operation has started to generate positive cashflow. With first pour announced a couple of months back and further operational headaches flagged since (eg; in the Tulla AGM presentation - Dec) then I'm not holding my breath...... but I would expect to get an announcement that this has been achieved no later than Mar/Apr next year (that will mark ~6months from first pour).... if they haven't improved their operational situation by then I'll be reconsidering my investment in both companies.
Ann: Letter to Shareholders & SPP Booklet, page-14
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