Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

Thank you speculator101. Your thoughts mirror mine. What a dreadful performance but how typical. I have been a shareholder for only four years but it is always the same old story: " good results are just around the corner ". But they never are. Not one dividend from the whole of the Halls Creek operation despite the rolling series of promised successes which never eventuated. Has anyone done an exercise to compare PNR's projections for Norseman with where we are now? I won't sell till I need a tax loss but it's tempting.