LHG unknown

What do you think, page-18

  1. 4,086 Posts.
    G'day lrjones,

    I'm not a goldbug and am purely passing on figures from Shares Mag.

    Production cost $US265
    Realised price (after hedging) $US335

    If I understand correctly, then the reason that the bottom line was $US4.2m (more than expected) was because of having to revers out a deferred income tax benefit of $US16.4m.

    Hope this is of interest

 
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