july announcements, page-2

Profit in 1st half is expected to be lower already, but I wouldn't really call that a 'profits warning' as we are expecting that already. I would expect a first half profit dip to be matched with a second half profit rise as the new production comes on stream.

A round up of small/non marketable parcels is always a good money saver, good luck to them. There must be a lot of old holders who bought in at $5-7 etc whose parcels now are not worth very much.

Qrtly report will give us a good view on current cash position. They would have incurred a heap of spending in frist 2 qtrs, so it will be good to see the lie of the land.