this is more than a gold detector company.
land mines are mainly what there technology does.
believe me, drop in gold price has verylittle to do with demand for these units.
prospectors go after surface stuff down to 2 metres which minelab gear is the best in the world. they are hard to get, even second hand.
gearing is still low and internal cash generation has in the past covered most of exansion and r&d .
still glad took profits at 3.20 and have free carry now. might pick up a few for the superfund for long term
Ann: Profit Guidance , page-13
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