Sharky I noticed that too, the mention of franking with...

Sharky
I noticed that too, the mention of franking with dividends. no matter what your personal structure, the end result as a shareholder is franking essentially results in a greater net result and in super a 50% franked dividend can act to eliminate tax payable completely

We are also effectively told an additional small shipment has been pushed into this FY to realise higher prices.

With the higher grade ZR being extracted for the full quarter , the additional sale likely from inventory and an assumed flat production result we will see cash jump by another 35m. very hard to see how they don't move to Atlas in 12 months with at least 100m in the bank