Hi Max, it could be any of those results. It all depends on how much can be extracted and how much extraction costs. You can be pretty sure all announcements will look forward positively though so that's why I always want to see the facts posted and understood.
They're never going to say "our results were underwhelming and we don't have many options left" so you have to look out for yourself as we all do. And of course they didn't say "we don't have much money left so we'll do a capital raising soon" but that appears to me to be what's happened recently.
Ann: Trading Halt, page-19
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