Recyug
You may find that EPS is based on NPAT
to quote from '11 presso:
NPAT for FY11 was $7.6 million (FY10: $10.9 million). The increase in the average cost of production and the decrease in NPAT reflect significantly increased levels of mine development expenditure (particularly at The Mount underground and Tindals Open Pit operations), increased exploration expenditure and the impact of mill upgrades.
I imagine a similar comment for this FY with NPAT even lower and even more dilution affecting EPS calculation
But then as I pointed out I'm a bit of a simpleton and we will see the final result in the financial year reporting.
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