I'm not sure, I'm expecting something good but not sure how good. I don't think the cash flow statements are any indication of performance, as the more you gear up, the more cash required for working capital.
I personally can't see a loss being recorded, but there could be, depending on timing issues of recognising contract income and expenses.
I would be happy if they were sitting on 40% of guidance as at 31 Dec, with the balance to be recorded in the second half.
AZG Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held