Thanks for posting @olderwiser & I also picked up on the rather positive message about FY results.
I must say I'm positive about the trajectory of the company, but I'd be "gob-smacked" if they somehow have a profitable 2nd half unless their hedging has worked out in the right direction...that tends to be a material number in the context of their bottom line.
Also intriguing is that no one on the call asked about funding.....each time I see an ASX announcement from LPE I expect a trading halt & a capital raise....I'm not sure how prudent it is operating with so little cash (3m at 31 March) given their cash burn of ~2m per quarter.
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