Ann: Working Capital Increased as Plant Upgrade nears Completion, page-9

good news is the plant is performing the same as last quarter with regard to revenue and operating costs, paul has hinted that production could be down, even so I wouldn't expect any profit from this quarter, interest, admin, plant costs will destroy the bottom line. And looks like the high yield note is subject to a significant improvement in plant performance which is expected in august and September. Not that far away. And the maq loan is now down to 30m, which is great, the company saves a few thousand on interest now

As for the share price, will the shares drift lower now to the 3.5 level of the placement, highly likely