A telling (and awful) half yearly. The Results narative on page 10 reads like a spreadsheet! There is absolutely no information other than the numbers within it. Better to just read the financial statements (particularly the cash flow statement). Still in serious trouble but not terminal (yet), wonder whether current management can deliver on the expansion and HPSM. History says possibly not, but expansion economics seem robust enough to still deliver something even if not the full box of chocolates. All IMO and DYOR
Ann: Half Year Report and Accounts, page-2
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