half yearly report out now

Half yearly report came out after market - email just received from hardman - largely as expected - only surpise was a large FX loss - but then the $A has appreciated - and hardman would be holding funds in $US - as that is what there future expenditure will be in.

This is therefore an accounting issue - not a hedging issue - as effectively in $A terms, the future development expenditure in Ching has fallen - but not of couirse in $US terms.

Hardman is on track therefore.