Am I correct a large part of the A$4.3M was to purchase Cannon was provided by way of the US$5M convertible note (repayment by taking shares instead of cash). So my point is the AISC A$1873 include that financing for Cannon but all other mine development would have a lower AISC and higher profit.
Possibly adding a further A$8M to your A$25M = A$33M (trying to compare apples with pears).
Just my opinion.
Ann: CEO Presentation AGM 2023, page-20
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