you guys...
the gross profit for the half was $5.87m, but the nett profit was a loss of $2.67m so they continue to lose money despite being in production. iron ore prices are falling, MOLs admin costs are rising, the pits are getting deeper, strip ratios increasing. but worst of all iron ore prices are falling.
the response to the asx speeding ticket = a bit unprofessional and likely to get them more scrutiny in the future. not too clever.
you guys...the gross profit for the half was $5.87m, but the...
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