content_image/156239.jpg
NET PROFIT “IMPROVEMENT OF  398% ” 

## PROJECTS 

CLAUDE HILLS MT DAVIES 

WINGELLINA 

<img src='content_image/156239.jpg'>

RENISON 

## OPERATING RESULTS 

The net profit from continuing operations after income tax of the Consolidated Entity for the period was $62,801,803 (2010: $12,601,084), an improvement of 398% as compared to the previous year. This result reflects an increase in operating profits from the Renison Tin Project, and profit on the sale of shares in Jabiru Metals Limited ($55,268,640), Aragon Resources Limited ($196,199) and Icon Resources Limited ($252,942). 

The Consolidated Entity’s net profit after income tax for the year was $62,296,608 (2010: $11,780,984), an improvement of 429% as compared to the previous financial year. 

COLLINGWOOD 

## INVESTMENTS 

MRC 

INDEPEND EN CE 

AZIANA 

WESTGOLD 

