operating ebitda only 16mil or so?, page-8

I read the announcement this morning as I was looking to add to my position before I went to work,
I didnt add more because I could not get my head around a few things

What I couldnt work out then and really still cant work out now is, we reduced the number of animals some 70k during the year from 590k to 520k head, this 70k head should be worth upwards of 50mil,
so where did this 50mil go, it didnt reduce our debt or seem to go into the bank and no divy paid, so where is it.

There was no mention on how livingston was performing

We are now focusing on upper end cattle production which seems to get slaughtered at third party processors, so are we just going to keep buying up cattle to run through livingstone plant, and if we
are going to keep doing this would it not be a good idea to keep shareholders informed how the plant is
running and have some financial breakdown of this.

cheers grant