operating profit

With the final commissioning of the Red Gully Plant in mid September it'll be very interesting to see the December quarter cashflow report and the 2014 half yearly report.

Combined they will give us a clearer picture whether the plant can give us an operating profit even without cashflow from Alcoa.

Whilst the September quarterly had some revenue in it a lot of that would be from the stockpiled condensate. Plus the production costs until commissioning was complete were included in the development costs in the quarterly.