PREMIER’S STRATEGY OF DELIVERING GROWTH BOTH FROM THE PRODUCTION 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
FINANCIAL ACHIEVEMENTS
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Our year-end net cash position of US$79.0 million reflects strong cash generation and a disciplined approach to expenditure
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Value-adding acquisitions were funded from existing bank facilities and cash
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Our future development programme will be funded by existing low-cost financial resources
