Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-66

yes great analysis SJ

we just need a few competing brokers to reinforce this in their own analysis and cashflows and make bold realistic recommendations and throw in a possible eddie takeover premium in their report and we have greater than 60c valuation.

and if we continue to trade as asx listed beyond years 2 in production, we will have surplus free cashflows for dividends that equal the current share price per year ie 15c divs each year

im sure eddie sees this
im sure he knows the dcf value of cokal in production at 2mtpa and what 100% ownership means to him instead of getting 6% on sales

the best form of a partnership is a .....
sole owner in business