Q2: Net profit: 1,385,856I can say that I am not overly impressed with the production and I do with they would get the grade up and the throughput increased (although if grade is low, why increase throughput).
That said, FY17 has a management focus on profitability and it is starting to show. As grade increases (and throughput) results will only get better...
I'd like to see a shareholder update or some CEO comments on results and future expectations, as we shareholders get no sense of this from the current PR format. Very dry.
That said, I like a profit of 1.4M on 7m revenue and if production was to double or triple, we see that this could be a cash cow.
B