Paul - my focus is on the sustainability of the current business model - so I have excluded (for the reasons provided) non-recurring items such as sale of tenements and other financing activities and legal settlements re previous year debts (ie the $660,000). If these are excluded the loss (on the operations of the Chinese and Australian businesses is $2.1M for the fist 9 months, not $1.11M. The latter figure, by including non-recurring items and financing activities, distorts the true picture.
Ann: SMA May Revenue Update, page-129
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