financials out for pem, page-3

Perilya's results are not good
$12 million profit.1c Dividend,NTA$1.14,Revenue 133million,cash136.4million,debt24.16 million profit from Herald,Ebitda 44.641million.Please read page 5 of 24.Broken Hill operations EBIT of $0.307million net hedging loss of 43.477million.Excluding hedging EBIT of $43.784million on revenue of 163.811 million.So the big problem is the hedging please correct me if I am wrong and of course the seismic events at Broken hill,and lower zinc prices also the lower production increased the cash cost to produce Zinc.
Zinc was up 7.8% on the LME last night.