Key Points* September quarter iron ore sales of 0.9 million wet metric tonnes (Mwmt), and quarterly ore sales revenue of $45 million Free on Board (FOB). Cash, term deposits and tradeable investments of $437 million at 30 September 2016, up from $400 million at 30 June 2016. Quarterly operating cashflow of approximately $2 million before investment in ore inventory for future sale. All-in group cash costs** of $50/wmt FOB for the quarter, in line with guidance and incorporating the continued build-up of ore stockpiles across the business. Continued steady operating performance at Extension Hill, and permitting for Iron Hill progressing. Business interruption component of the Koolan seawall insurance claim progressing. Continued positive progress in the evaluation of a potential Koolan Island production restart. Appointment of Mr Kin Chan as an Independent Non-Executive Director. Statutory net profit of $86.3 million reported for the 2015/16 financial year.
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Key Points* September quarter iron ore sales of 0.9 million...
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