Ann: Interim Report for the half year ended 30 June 2022, page-2

Mining a grade of 0.77 even in the non-tailings In a high inflation period for big inputs.
Not hard to see how things went pear-shaped. It is hard to see how it was allowed to go on so long. Too many long lunches in Perth, not enough time spent on the ground in Morilla I guess.
$107 million going out to suppliers and contractors.
Loss of $272 million....that's got to be a lot of tax credit for whoever can organise to utilize it.

I always had the impression the excessive drilling campaign was a hail-mary to get us out of the catastrophic mistake of taking on the project. Like all prayers they went unanswered.

Still no confirmation why the two directors left so soon after coming onboard. Though it seems obvious they quickly saw the project was a charade waiting to collapse.