It seems the BOD are drawing a line in the sand and writing off $12.6m as an expense against Cost of Sales for the reduced ore stock piles. The report states its for the last six months but probably relates to 30 June 2021 maybe/maybe not. If you add that back to the figures together with the amortization and depreciation of $9m we get an actual cash operating profit of $17m . A cash net profit of $29m including the sale of Mt Ida.
$2800 plus, page-19
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