Ann: CEO's AGM Presentation , page-33

AZG: S209.... where did you get the $21M cashflow for the quarter from? I'm very interested because on top of the low single digit PE high ROC I am mainly missing the cashflow that is important for this company. I remember ANG at PE3 was too good to be true before it 500%+ rise, FGE at PE1 before it's 2000%+ rise MAQ PE3 before its 1000%+ rise and DCG PE2 before its 1000%+ rise and NWH PE1 before it's 1200%+ rise and BGL PE3 before it's 900%+ MIN PE5 before 700%+rise all these where acheived in the last 3 years check the charts and numbers yourself... but these also had cashflow that was higher than NPAT hence my main concern with AZG but I'm very happy they have serious backing from Chinese Corporations that helps me sleep at night I have alot on AZG and I think sometimes the best investments can feel the scariest ... that's how they get so low in the first place. I think the cashflow difference has come from the acquisitions and hopefully will come through soon, by then it would probably be trading at PE4-6 instead of 2-3.