an: q report and cash flow, page-23

I misread the report.

Sales is said to be for December 648 and the best yet. That would be 7776 annual if this doesn't improve at 68% battery grade. Hypothetical at $6000 a tonne would be $46,656,000 before costs. Even at $5000 a tonne is 38,880,000.

Production cost: 27,250,000
Administration: 16,397,000
Finance costs: 10,994,000
Asset payments: 6,288,000

Lets stop here...

Total costs: 60,929,000

Difference using even the potential benefit of the doubt @ $46,656,000 gives a loss $14,273,000

Galaxy must sell 200 tonne more a month than the last month's best of 848. Needing a minimum of 10,176 per annum provided there are no other costs to break even.

Have I got this right?