Ann: Half Year Financial Results, page-5

A quick look of the six months, noting the prospect of positive cash flow in the next six months FY17, amidst the liberal quoting of events after the reporting date included in the main body, together with inconsistent references to time periods.

So what are our costs of producing U₃O₈, as we have no means of determining what the profit margin is for the 300,000lbs to be delivered balance of CY17. Otherwise on the face of it, we're better of trading the stuff!:


If inventory was also expressed in lbs instead of USD, we might have a chance at working it out.


The inventory notes only highlight the high cost of production that then has to be written down.

Happy if someone is able to shed more light