I can only guess that they had a certain $/oz value on the stockpile and decided to use a lower value to determine asset value. $75M is a decent hit.
Im more interested in that big D&A hit. $105M increase in depreciation and amortisation. Looking at the report amortisation note 14, could be another year or two of such a big hit before profits show again....
Operating costs up a fair bit too it would seem (but thats across all mining atm)
Ann: FY2022 Financial Results Presentation, page-3
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Last
$1.92 |
Change
-0.035(1.79%) |
Mkt cap ! $1.450B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.93 | $1.89 | $9.807M | 5.138M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57721 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 49074 | 4 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |