Hi Rob,
Thanks for clearing that up. That's one item SSN CFO could do us all a favor and simply report the EBITDAX reconciliation like just about everyone else - removes the guesswork.
Understand your bias on production cost - why I noted the asset has value to another lower cost operator. My focus is on the company's overall breakeven - are they generating incremental cash for their business.
Net income is taking into account the impairment losses which are non-cash, hence the big differences.
- Forums
- ASX - By Stock
- SSN
- Upcoming Sep 10Q
Upcoming Sep 10Q, page-30
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)