Commentary in yesterdays announcement makes a little more sense of it all.
Record quarterly revenue for the company but only a "moderate increase in cash at bank". Also: "The mining contractor, PYBAR, finished their contract at the A1 Mine on 31st January and demobilised from site in early February. As a result, there were additional once off costs during the Quarter associated with refurbishing and upgrading the Company’s mining fleet, recruiting and training employees, inductions and mobilisation to site of the workforce."
LLO Price at posting:
73.5¢ Sentiment: None Disclosure: Not Held