Ann: Quarterly Report 30 September 2014, page-145

It's got nothing to do with me disagreeing with you. You entitled to an opinion. But the way you have worked out your figures is totally incorrect. You need to take out company specific expenses, like rent of australian office, office staff in australia, insurance, car expenses for aussie exec, travel costs, directors and senior management fees ( except for plant managers in dc ) listing fees, power water rates in aussie, interest on all loans, plant upgrades aren't included in plant costs so they need to be included, etc etc etc. What you have done is given us the plant profit, which is great, if there was no expensive management team, or large interest bill, and aussie costs of the company. If you owned the company yourself and got rid of all these costs then yes you can claim 15m profit ( you always look at current, because you know the company should at least get that, instead of the forecast plant profit of 29m)