Ann: Results for Half Year Ended 30 June 2018, page-8

The numbers in the report make sense to me as per Loki01, when I asked Steve at the AGM I recall mining was around 2/3. When mining is complete the C1 will still contain the processing AND accounting allocation for mining BUT the cash outflow will = revenue - (processing & admin).

Granted the stockpile grade will drop revenue after a while but the cash outlay will be small.

Kanmantoo mine/stockpile + hydro or UG + Kanappa + exploration = dividend - growth cash = ????

Not a bad turnaround from the 3c near death raising!