Hi Rubi I'm not to sure how level my head is, but the EBITA was pretty much in line with expectations IMO, the Company is profitable , still has adequate cash ,is debt free , costs are heading South and production North, so the Company is performing well..the shareprice certainly isn't but shareprice and value often get out of kilter.
However as I have mentioned previously it's the price we receive in AU$ going forward that is the main driver and currently that seems to be heading in the right direction. The implication there is profit going forward will increase under that scenario , if that continues the shareprice will follow at some stage but it really needs a commodities boom to light things up..
Cheers Whisky
RVR Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
