now thats a sucessful business model

The half year accounts read like a dream:

Revenue of $5.570 million, recorded profit of $3.433 million, $15 million in cash, total assets of $23 million and a market cap of $27.4 million.

New projects that will generate further royalty revenue also moving forward and progressing towards production with respectable and experinced partners involved.

Now thats a business!

No wonder Anglo Pacific have increased their stake to 34.16%.

IMO, this is the most undercover stock on the ASX.