The quarterlies are indicative of the 1H23 performance. As expected, due to the wet season, 1H results are impacted. Of particular interest is whether MMI generate stronger profits in 2H23 and begin reducing debt (which was one of the major contributors to the 1H23 loss). Lots of upside here and good to see management successfully executing strategy to ramp production and reduce costs.
Ann: Half Yearly Report and Accounts, page-3
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