Ann: Clarification of 4C commentary, page-26

their costs are actually not monstrous, and they are already cutting their ongoing costs down which is impressive given they are in expansion stage. I would actually look at it and say clearly cash is not a concern of theirs going forward given they voluntarily paid out a large sum earlier than required to improve profitability down the track.

does that not give you a hint on what their outlook is on their future cash generating abilities? reading between the lines is where the value is sometimes and not what's obvious.

surely you guys wouldn't be that shocked if next quarter they were cash positive? its actually spelt out for you in their announcement without them actualy saying it!!