Our year-end net cash position of US$117.3 million reflects strong cash generation and a disciplined approach to expenditure
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Our future development programme will be funded by existing low-cost financial resources
Net cash US$ 117.3m 2007: 79.0m
Operating cash flow US$ 352.3m 2007: 269.5m
Profit after tax US$ 98.3m 2007: 39.0m
Operating profit US$ 261.7m 2007: 219.4
PREMIER’S STRATEGY OF DELIVERING GROWTH BOTH FROM THE PRODUCTION ASSET BASE AND FROM HIGH POTENTIAL EXPLORATION IS BACKED BY A SOLID FINANCIAL POSITION. EXISTING CASH RESOURCES, BANK FACILITIES AND STRONG CASH FLOWS WILL ALLOW US TO FUND EXISTING AND NEW DEVELOPMENT PROJECTS.
