For the Year Ended 31 December 2007
| Note | 2007 $'000 |
2006 $'000 |
|
|---|---|---|---|
| CONTINUING OPERATIONS | |||
| Revenue | 3 | 69,561 | 31,602 |
| Cost of Sales | 4 | (47,847) | (23,768) |
| Gross Profit | 21,714 | 7,834 | |
| Other Operating Expenses: | |||
| Pre-licence Exploration Expenses | (5,924) | (5,327) | |
| Administration Expenses: | |||
| Share Based Payment Expensed | (101) | (9,498) | |
| IPO Fees Expensed | - | (3,099) | |
| Other Administrative Costs Expensed | (3,104) | (2,730) | |
| Operating Profit/(Loss) | 12,585 | (12,820) | |
| Interest Revenue | 7,748 | 2,519 | |
| Finance Costs | (2,307) | (3,996) | |
| Other Financial Losses | - | (224) | |
| Profit/(Loss) Before Taxation | 18,026 | (14,521) | |
| Taxation | 5 | (13,434) | (5,117) |
| Profit/(Loss) for the Year | 4,592 | (19,638) | |
Earnings/(Loss) per Ordinary Share |
$'s | $'s | |
| Basic | 6 | 0.05 | (0.48) |
| Diluted | 6 | 0.05 | (0.48) |
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