Revenues up because including pacific island operations which used to be ALD.
Look at the huge underlying loss of over $40m (excludes asset write downs of around another $40m).
If SBM is up by the end of the day then I am a monkey's uncle.
But I do not know where it falls to. I have not fully read the report. I hope there is an announcement about closing Gold Ridge and progress on govnut approvals at Simberi.
The revamped Red Kite loan just buys them more time and could get them into deeper trouble by increased borrowings. However the POG could be a lot higher and save them.
loki
Ann: December 2013 Half Year Financial Report , page-4
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