Think you are right re not being part of the ASX300; other than...

Think you are right re not being part of the ASX300; other than that, perhaps their cash flow is a heck of a lot better than most would assess. My suspicion is that they are on track to genrate in excess of $40m cash flow pre exploration expenditure this year; that's my early analysis. Will be more certain in coming weeks. yes, there are always other opportunities in the market, but at the end of the day I am happy to invest in something making $40m (my guess) with a market cap of $150m or less. Net profit for this company is a very misleading number as it takes into account a lot of non cash items. Most fundies barely are able to drag themselves out of bed of a morning never alone analyse a stock with any degree of nous.