Always the profit margin make sense, not the working capital. Now the margin is lower, but when converted to AUS, the loss was offset a bit.(otherwise the SP couldnot be around 15c.rebember when OIL $100 pb, AUD 0.85 USD, the SAE SP is above 30c,)
I think the key issue is the exploration plan & field activities at Paris valley later this year.
sales revenue upgrade, page-5
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