A40 0.00% 8.2¢ alliance mineral assets limited

Not great not that bad either. Main issue was the delayed...

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  1. 416 Posts.
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    Not great not that bad either.

    Main issue was the delayed shipping, if we made a December shipment we would have had somewhere between $15-$20million showing up in the report which would have put us to around break even where we expected to be.

    Next quater we will have $20million showing up plus another 32-40kt of production coming out of the plant aswell, our merger cost $7mill and development $6mill aka fines eat most of our profit, but those are once off costs.

    So this next quarter anywhere from $52-$60mill revenue and $51mill going out with large one off costs included, thats not as bad as I thought.

    Time to hit our production guidance sign a new offtake ship material and lets be the first of the new 3 to hit real profitability.
 
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