Yes I would assume no dividend. There has been a jump in the mine closure provision of $17 million of which $10.6 m is now current (nil before) presumably due to closure of current operation. I assume this is on top of whatever the remaining cost of starting Atlas now is. They need the approvals on time so there is no delay in producing again. Corporate expenses and exploration run at around $5 m per half year and there will be no revenue for around 6 months in the second half of 2023 even on current guidance. Inventories at least are healthy at $28 m up $3.5m on 30 June. However it looks like zircon prices have flattened and ilmenite prices (in $US) are declining. a weak $A helps.
