NAT $1.46./share. (which is going to rise substantially after last 6 month drilling results over $13 mill. spent and good results)
Pre tax profit $11.4 mill.
Expenditure $30 mill. For future Dev.
Cap raising $22 mill.
Hedging 24K/oz @ $2,674.
Current AISC $1,675. Stockpiles done, very limited strip ratio to come.
$15 mill. cash/bullion. Net $3mill. after really good debt/swap. etc.
$40 mill. to come still OK. This is not Brian Dixon talking.
Only negative is POG AUD at the moment can hurt progress. Refer to current hedging to reduce this risk.
Bitcoin and Silver rally has taken over. Still hanging in there.
Otherwise a lot better than some other Tech companies that profit is losing at least half of WMX mkt cap. each six months.
Ann: Half Year Financial Report and Appendix 4D, page-8
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