The liabilities were a lot better than I expected once deducted from the earlier announced cash figure. This is very good....
I'm going back to resources again!... Why for the first time ever did an amount just get wiped off the deferred stripping costs. 72.5 million was just wiped off, leaving just 40.7 million? That pre-stripping figure is supposed to be gradually reduced as future ore is mined! What just got wiped off?
Prestripping the south pit alone cost was 42 million from memory and mining ore just began there at the start of the year! So if 40.7 million is left in stripping costs the majority would have to be from the South pit only!
Please correct me if I am wrong.
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The liabilities were a lot better than I expected once deducted...
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