Large costs for material were incurred during Q1 & Q2 for projects currently being delivered, noting $2.3m is to fall due this quarter. Therefore the majority of the costs have already been recognised.
This scenario then aided by the cost-saving exercises which have seen a steady decline in operating costs from $3m in Q1 to $2.4m in Q3.
The mix of these two outcomes, therefore, leads me to expect a like-for-like in operating costs or net neutral effect from both.
Large costs for material were incurred during Q1 & Q2 for...
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