My only concern with the forecast was that it was for EBITDA...

My only concern with the forecast was that it was for EBITDA profit. They do have a little debt, and I am sure there is depreciation of their plants etc. With those tax losses, they wont have to pay any tax, so the net profit figure will probably be slightly lower (not much though). In the scheme of things it doesnt matter, directors have basically told us that over the next few months that there will be a plethora of good news sources that could put a rocket under the share price, and ultimately this should keep the punters happy and the share price ticking along. My price target is 7c before the end of year, that is 10*EBITDA multiple to reflect blue sky growth potential.