Felix Resources Fourth Quarterly Results are now due for the year ending 30th June 2007.
Analysts have forecast A$38 - A$41 million after tax. Sale of 49% of Yarrabee was cancelled and this will add to coal sales. The strong Aussie Dollar will however impact on profits in the second half but should be more than offset by increased coal prices and full production at Minerva and Ashton Underground mines.
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EV RESOURCES LTD
Shane Menere, Non-Executive Chairman
Shane Menere
Non-Executive Chairman
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