lol
Doesn't look great on face value but if you take into consideration the company only re-started commercial production in May 2017, managed to pay off all its debt, now has a 5 year off take agreement in place for all planned production, increasing recoveries to 75% by June 2018, increased 2018 sale prices for spod etc, I would think there is potentially significant upside to earnings through out 2018.
Market is forward looking, you clearly are not.
Ann: FY 2017 Results Presentation, page-28
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