Looking forward to the half yearly, i would expect it to be only a little better then the first quarter numbers.
The team still had significant capital spend as part of their 1H 2023 plan. The second half of the year and FY24 and FY25 look to be cash generating periods.
IMO, holding back on Edna May is a good choice given the economics of the project and the current economic conditions.
Would we expect another large statutory impairment on the books this year then?
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