I have studied the accounts in detail, and will continue to use the detail in those accounts that show the company lost $20m on its operations, or $120 per ounce produced, so long as others post claims that they can fund the development of the Deeps from their gold production. Obviously, one cannot fund anything from losses.
The only reason they made 1¢/share was through asset sales. Equally clearly, they cannot continue to do this for ever.
If you like, you show me how they made an operating profit, using the last FY accounts.
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