Hmm. Not bad news at all. Another thing is that Mackay and Bowen have been bypassed by the cyclonic rain which has tracked further North.
This is a relief for embattled BCB no doubt, fingers crossed.
Another bit of positive is that once it gets into the black, guessing March Q a stack of tax credits (Company income tax) will begin to come into use, and no tax will be payable for some time due to prior losses. I have not attempted to quantify these due to lack of time but they should be considerable.
Quarter ending Dec 2023, page-71
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