Saber..the report states "The loss has arisen as a result of costs incurred for administrative and payroll functions which were not entirely covered by the profits generated from only 3 months’ production at the Kangala Colliery". . I haven't gone into the P & L in detail but I am sure if we had 12 months of sales revenue, costs would have been covered. Best thing to do is wait for the quarterly so we can compare revenues and costs over the same period.
UNV Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held