Doesn't sound so bad...
Went backwards on Qtr $24M before the delayed July shipment, backwards $15M including the delayed $9M shipment
Smoking Gun is the $20M spent on capex (mine development non-current assets)... which sort of contradicts the Mar Qtr report that CAPEX packages were closed and paid out, except for the sneaky qualification "majority" which I didn;t give enough weight to without hindsight...
And so, with too many assumptions things were not that bad and getting better, and not enough suspicious due-diligence, I assume the prone position for an expensive and painful 18c fisting. My biggest gripe is that retail was greased up for a couple of weeks between July 10th shipment not providing the details of production issues Shaws et al were, the Noosa sales pitch timed in conjunction with Shaw's "selling gone too far" Buy report. Retail got stuffed like a Christmas Turkey with inside seller's shares, and Luke has grease up to his elbow...
GLTAH
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