Yes that’s exactly my point. They are disclosing the average sales/costs they’ve had YTD. But the trend is going the wrong way, per the March quarterly, so Langley saying they’re “almost at breakeven” is completely wrong. Last quarter they lost A$537 on every dmt sold.
The YTD figure is including when they were getting much higher prices back in Jul-Sept 2023, hence the average YTD doesn’t look so bad. But times have changed.
Ann: Investor Presentation, page-55
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