Below is a rough comparison I have done of quarters March 15 vs June 14, I think it helps understand the business drivers and highlights the effect the low OP has had and also some good operating improvements made over the past year. Whilst the basis requires some guesswork by me from the qtrly's and may not be exact it gives an idea of the price effect on revenues which was about $3.3m whereas overall result was only $1.4m lower due largely to increased production and lower admin charges.
Hopefully I haven't stuffed anything up & it adds to the discussion on the quarterly, if any figures are out am happy to be corrected.
Cheers and GLTA
SSN Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
