Well $23 mil turnover, eh? Difficult to pay the interest...

Well $23 mil turnover, eh? Difficult to pay the interest bill?

Good to get some facts straight, eh zwu!

How-about some $152 mil.
$16.5 mil in cash as at 30 June!
Isn't it great that they diversify the revenue, so that fea isn't relying on m.i.s. business?
Obviously, with the global situation historically playing havoc across the board, wood've thought the result ain't too bad.
N.t.a.b. at 71.5c ~ still healthy.
Turnover in Cash/receivables vs trade/payables also swaying positive to the cash side ~ again.

See what the B Bay mill brings on in this 1/4 onwards, with growth in building (schools/housing/e.t.c.) and global recovery on the way.
Apparently the system at this mill allows a 2' (or 60 cm) LOG to roll into the 'table', and consequently gets trimmed to sizes required and governed by stress factors. Un-real technology for the 'lay-person' :).

Cheers :)