sally, yes I concur those figures are great but I wish it was that simple only. There are also fixed costs that are all over the place. $29 million was spent on “production” but that was not broken down further. Was part of that 29 million used to support US activities? Taking another quarter at random “production” costs could be half that and receipts twice as much. I have no idea why we burned US$17 million last quarter as it is not broken down. It has been far less in the past for greater receipts. Production costs incorporate C1 costs plus extra things and not admin or salaries which is separate. It has made if difficult to determine profit point.
Ann: June 2024 Quarterly Activities and Cashflow Report, page-109
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