ERG---Next financials March6 2003--reporting period -- Erg Powerlan

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Date Posted: 14:00:15 02/28/03 Fri
Author: 30/6/02 to 31/12/02 15 mill saved operating costs.
Subject: ERG---Next financials March6 2003--reporting period

viking116 (ID#: 399317) 15 millsavingoperatingcosts30/6/02--31/12/02 16/10/02 7:10:27 PM 5623038
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Subject: Next financials March11 2003--reporting period 30/6/02 to 31/12/02 15 mill saved operating costs.

Author:
anonymous
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Date Posted: 00:14:30 10/16/02 Wed

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http://stocknessmonster.com/news-item?S=ERG&E=ASX&N=222869
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* operating costs have been slashed by over $30 million on an annualised basis.
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Operating costs saved 2nd half result of last financial year improved--12 months in a year---the next report in March will ---30 divided by 12 equals 2.5 times 6 equals 15 million.
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In short the next first half of the new FY03 year should show an improvement of 15 million in operating costs saved------30/6/2002--to 31/12/2002.
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Should report on or around the 11th of March--going on last years calendar.
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11th Half Yearly Report (6 parts)

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