Yes i have seen that, question is when did they update it.I...

Yes i have seen that, question is when did they update it.

I agree about the unfinished processor, it has been there just waiting to come online, it is a fantastic asset and can add significantly to production in a very short time frame. I think a lot of naysayers know nothing of this or the other significant assets that can add value, Lounge lizard is another great asset that for another $20m can double production, Admiral Bay is an unknown quantity, it could propel them into the big league if it comes through.

I think the new guy that will be coming aboard is a sign that they are ready to start the march onwards that was halted by the GFC and the fact that they got caught at maximum cash burn and borrowings for the Mungana processor/decline etc and the sudden loss of revenue that prevented them from being able to service that debt, if it had come another six months later i dont think they would have needed to take many of the survival measures that they did.