mutt - I have just done the P&L for the last six months and agree with you down to the last cent. Overall expect to see PBT for the full year at around $80mil(6.9c/share) of which $60mil(5.2c/share) was earned in the Dec quarter.
It does depend on similar amounts being capitalised for deferred stripping as the first half.
Pellet Price, page-146
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