september report: A record after tax profit for the financial year ended 30 June 2007 of $38.7 million was announced.
This represents a 356% increase in net profit after tax compared to the previous financial year.
Profit before tax for the same period was $56.2 million on operating revenues of $269.5 million. No tax was provided for although a tax expense of $17.6 million was recorded. At 30 September 2007 cash and short term deposits totalled $219.4 million (30 June 2007 $238 million). Capital investment during the quarter totalled $33.1 million with accelerated mine development and paste fill at Endeavor, development at Panorama and Rasp Mine projects accelerating and evaluation of new projects at Hera, Mineral Hill and Sorby Hills.
50c miner which can finance its own exploration and for the most part development. It may happen tomorrow or next year but it will push way past what its current SP is
TRY getting that return at a bank
CBH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
