You would have to think that cross was FQ selling the shares they rec'd from exercising a similar number of warrants that expired on 15Jan06(bought at $A1.20 sold at $C6.25)-a handy $1.5mil profit for them.
Relieved to see those production figures - the copper produced was spot-on with my figures but the silver content was slightly down - it now depends on whether they reduced the amount of stock they had on hand at the end of Sept qtr - good production from Kulu that should see that operation break-even for that period.
If they were able to reduce stocks(ie have the production delivered to the smelter) to the normal level held at June then they should have produced a net profit of $10mil(but only just) after all admin costs for the qtr.
I notice they're not saying anything about Kilwa........
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