Look at the net profit line. No profit here in second half. I'd say they made a profit from the delivery into the hedge which means a corresponding decline in unrealised hedge gains.
Unrealised hedge gains reduced by 6m. They produced 30koz for second half which equates to equivalent of around $160-200 movment in the pog make up the 6m.
Can't look at gross profit as a result.
calling the bottom, page-58
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