yeah im not sure.
look at the 2021 opex spend (as mining is due to start end of 2021)
-1m Opex
0 revenue
-1m NPAT
-7m CAPEX in 2021
would account for the -8m cash flow, so youre right there
but adding up the cumulative NPAT below = 28m (which reconcile to the numbers above)
-7m capex spend (as i canr see where this is recorded on the P/L)
still gives total profit of 21m
yeah its alot to go through
Ann: Santa Comba PFS Shows Exceptional Financial Economics, page-12
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