The statement was "produces more Pr/Nd then won't the losses get bigger and bigger" which is inherently wrong in itself, then you feel the need to overlay another load of waffle and supposition, pure guesswork.
Simple fact is June Q was cash flow positive, despite $7.2M of off spec production pre sold, and legacy costs still impacting from T4 commissioning.
Some of those legacy costs will stretch into the current Q also, plus a slight weakening in prices, that will be offset to some degree by quality premium.
Rather than your rambling guesswork, which is patently wrong as you have a minimal understanding of the business, why not wait for some solid operational data in just a few weeks?
While historical FY Fins are obviously important, the only clear picture of where the business is headed, particularly the issues within it's control such as costs, can be framed from the Q operational results.
Troll backwards all you like, my focus is forward.
LYC Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
(20min delay)