Ann: Termination of Mining Services Contract, page-58

If you think just because an auditor has signed off in something, it's completely kosher... then you probably want to spend some time reading about Enron or any other corporate screw-up/scandal. I mean, Grant Thornton was the auditor for 'iSignthis'! I'm not suggesting it's malicious, or illegal. It's not - the company can make their case as to why they've capitalised tens of millions of waste stripping costs (for exactly the reasons you outline). But to me, it sure looks like some financial engineering to make themselves look profitable.

I am just suspicious of this company's management since that dreadful 22 Dec 24 announcement... they chose to wait until the last trading day before Christmas to announce the old dreaded strategic review... and used some very vague language to try to cover themselves as to when they actually had commenced said review: https://hotcopper.com.au/posts/71736449/single/