date:Aug 03, 2012
Implementation of strategies to improve both the health and profitability of the Kingfish business remain ongoing. These initiatives are underpinning the Companys mid-term cash profile and the Board expects these cash flow initiatives to support activities into CY 2013.
The Board and BBY Limited, the Companys corporate advisor appointed in July, are progressing the review, assessment and implementation of a range of alternative strategies ocused on restructuring and repositioning the Company.