appalling announcement

Reed's first sentence in the second para is pure gobbledegook. Doesn't make any sense. The last announcement said they were hoping to achieve production in the June qtr at a rate of 1.72 Moz, now they are talking about 1.2Moz again. They say that revenues increased 4547% yoy, which is a ridiculous furphy. Revenues in the 2011 half year were $7,422,291, NOT $286,883, the fact that the silver sales revenue was capitalised is irrelevant, it is still revenue and is shown in the notes to the accounts as such.