Very deceptive reporting in my opinion. Terrible to be honest. Why don't they mention the really bad metrics? They forgot to mention a few things on first glance. Correct me if I am wrong.
Group revenue for 2022 was $3.57 Billion. Group revenue for 2023 was $2.90 billion. Only down just over 18% December quarter revenue for 2022 was $717 million. December quarter revenue for 2023 was $680 million. Down just over 5% Yearly mining cost for 2022 was $88.40 p/t Yearly mining cost for 2023 was $107.60. An increase of just over 20%.
I think I have been about right in my previous posts.
No chance they made a profit for 2023. You will have to wait another month for those figures to be released.
CRN Price at posting:
$1.63 Sentiment: Sell Disclosure: Not Held
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