Whilst the demerger/ATO stuff hasn't gone as expected. .your other comments are correct except the SP is now even lower!
MC at 0.5c is around $3.5m cash this quarterly should be around $3.5m by my estimate, and profitable even whilst POO has been so low.
Any sustained uptick in the price of oil/gas and things could get interesting indeed.
Ann: GGE March 2016 Quarterly Reports-GGE.AX, page-11
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