Ann: Quarterly Cashflow Report, page-21

I suspect they are thinking that the clean fill contract will be in place and as a result production will largely be offset. Although not sure you can put that in a quarterly, unless you can because the selling of waste material offsets production costs?

my other theory

i think the production costs are super low moving forward as they already own everything. Most of the cost will be reflected in the staff costs. So whats left as a cost, some materials, water is free due to tanks and rain, some petrol and electricity.

that said, if you're like me you're are just over the lack of information and you'll wake up when the following occurs:
- tin price recovers
- AUD falls to 50c
- we start producing commercial amounts.