roxby downs, page-10

Got to say that a near 15% increase is a poor result for a great ANN. Bear in mind that we were coming from a low base of 0.17 in the first place.
Take a look at our major projects and they all have bankable written all over them... IOGC,magnetite and kaolin.

Hopefully it will take a day or so for the significance of this ANN to sink in but to me it means that we are now self funding and no dilution for SHs in the near future. On the news we have had today I would have expected a close closer to 0.30 than 0.195.

After rejuggling my portfolio in recent months to lift SH in MEP I am disappointed that I have very limited opportunities to take advantage of the close SP. I will now just sit back and watch ,unless of course an opportunity comes to sell down somewhere else.

A solid foundation has now been built under MEP.. well done the Board

kippax