Superb quarter team!
Mt Cattlin 2nd quarter production profit: 45,761 × $534usd ÷ 0.75 exchange = $32.58m AUD. That's an annualised $130m AUD pure production profit !!
With production costs reducing, realised sales price increasing and recoveries expected to increase in the 4th quarter it sure is looking positive. $150m AUD annual profit isn't out of the question.
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- Ann: Quarterly Report - June 2018
Ann: Quarterly Report - June 2018, page-7
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