With Galaxy's announcement today is this a possible indication...

With Galaxy's announcement today is this a possible indication of costs and therefore profits on Mt Marion???
Cash costs june quarter $us 334 $aud 442 Their price for quarter $us 906 AUD 1158 Pr 716 DMT

Extrapolating these figures FORWARD to Mt Marion Revenue 400000t 6% @ $1103 =$60,885,600
Costs @ $ 442 =$24,398,400
A profit of $36,487,200 PA of course before interest and tax
Looking at it another way with 535 mil shares after buyback aprox 6.8 cents a share before tax 4.8 after
or 48 cents @ PE 10 only on Revenue Mt Marion alone nothing else

Anyone suggest any flaws in these calculations allowing for the fact that Galaxy is still reducing their costs and they would have produced a lot less concentrate than us in that quarter.