I have it as ($6.5m) for H1 FY 18. I'm not expecting ($13m) for the full year, but for the loss to be slowing signifcantly, around ($7-9m) total. If that trajectory continues, (and I expect it to) FY19 looks good.
But for FY 18 to break even, there has to be $13m turnaround from H1. Granted investment for the obliques etc has slowed, but that is still a big turnaround.
I am cautious with my expectations, there are others who are bullish, and that is fine. Just beware of those with stars in their eyes, as the bright light tends to obscure their vision.
It may well go up on full year results as some are suggesting, but I am not holding my breath.
GLTA
NEA Price at posting:
$1.47 Sentiment: Hold Disclosure: Held