there's nothing strange about it. there will always be a difference between financial and management reporting.
mine development costs are capitalised in the balance sheet and amortised. see Note 20 of the 2020 financials. this has been done for years and is as per aasb standards.
the quarterly is a management/ investor report and is based on industry standards around AISC and AIC, albeit to asx disclosure requirements. mlx has a disclaimer at the bottom of the report
there's nothing untoward here.
Tin price, page-86
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