DYOR:
Need to see breakup of loss!!!
Actual losses from normal operations are $4.5m
Mining Operations - $4.5m loss for Fe + Li + Mn operations.
Corporate - $3.2 gain
Working Capital Movement - $13.7m loss, not sure what this is for, maybe abnormal cost??
Better resource definition/model - $2.5m development costs (to get a better TO deal for SH)
Abnormal - $3.1m break fee (to get a better TO deal for SH)
Abnormal - $0.6m costs relate to TO (to get a better TO deal for SH)
See cash reconciliation graph in announcement.
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- Ann: June 2018 Quarterly Activities Report
Ann: June 2018 Quarterly Activities Report, page-12
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