I don't propose to get deep into the report here however a few...

I don't propose to get deep into the report here however a few points to consider:-

1. figures affected by ramp up of processing plant (normal for such a start up operation)
2. decision to disregard sales before May'17 under 2016 contract terms ($30.9m) and pre-production costs of $32.6m were not included in the report treating them as a pre-production cost which has the effect of adding net cost to the carrying value of PP&E
3. operating cash flow of $7.8m
4. only reflects one shipment under the higher 2017 pricing
5. current operating costs are much lower than pre 30 June'17 costs; this will be apparent in the figures to Dec'17

I won't be commentating any further on these figures.

Outlook remains solid from the operations at Mt Cattlin alone with output and recovery increasing and all 2017 production pre-sold at much higher than 2016 pricing.

Current progress - offtake, financing, possible J/V discussions for SDV (higher NPV) all going well as they are for JB.

Next three to six months will result in Company making announcements on all three fronts IMO.