My predictions for FY21 P&L with last year's actuals in brackets...

My predictions for FY21 P&L with last year's actuals in brackets $Amil:

Revenue from operations 414(227) --- Copper 232(227), Gold 182(0)
Cost of goods sold -324(-217) ---- Copper -181(-217), Gold -143(0)
Gross profit from operations 90(10) --- Copper 51(10), Gold 39(0)

Exploration expense -1(-1)
Administration -15(-9)
Foreign Exchange 1(-3)
Other expenses 0(-1)
Transaction expense -4(-3)
Impairment write-back 23(-23)
Profit before finance costs 94(-30)

Net finance costs -13(-8)
Profit before income tax 81(-38)
Income tax expense 0(0)
Profit for the year 81(-38)


Detail on Cost of Goods sold:
Cost of production - mining 258(182) ---- Copper 163(182), Gold 95(0)
Depreciation - Plant 21(17) ------- Copper 13(17), Gold 8(0)
Amortisation - mine properties 45(18) ----- Copper 5(18), Gold 40(0)
Total Cost of Goods 324(217)