Wow! Just WOW!
After the good news on Forrestfield we get this.
My best case - and I mean absolute dream scenario - is that they would breakeven at a NPAT level for the half year. They smashed that and that included a $0.8m loss on the drill rig which would be still be cash flow positive.
These guys have been hounded lately over Roy Hill but this is just an outstanding result. They should do $12m profit for full year. When the SP touched 4c the market cap was less than this earlier this week.
Stunned...
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