ELK elk petroleum limited

Can someone help me out and explain for FY19, how Grieve with...

  1. 45 Posts.
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    Can someone help me out and explain for FY19, how Grieve with revenue of 6.9 million est and lease operating expense >11 million, without any other considerations, how to get an operating income of 1.1 million positive.pg 28 of latest fin presentation.  I am missing something or is this Lingo math.
 
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