The highlights do not mention the $91.5m loss (39c per share), a write off of $42m for new fascilities now not worth their cost, and finance costs of $24m. This coy can not afford any more delays, time blow outs or cost blowouts. What are "Share based payments". Normally profit reports detail the type of expence, not how paid.
Have been watching this for some time, but the confusion over funding, and the blowouts have left me querying management.
GXY Price at posting:
27.1¢ Sentiment: None Disclosure: Not Held
