RMG Limited reported audited consolidated and parent earnings results for the year ended June 30, 2017. For the year, on consolidated basis, revenue was AUD 8,652 against AUD 3,556 a year ago. Loss before income tax was AUD 1,301,390 against AUD 12,758,033 a year ago. Loss for the year attributable to owners of the Parent was AUD 1,301,389 against AUD 12,758,033 a year ago. Loss per basic and diluted share attributable to the ordinary equity holders of the Company was 0.32 cents against 6.23 cents a year ago Net cash outflow from operating activities was AUD 1,569,122 against AUD 326,149 a year ago. Exploration and evaluation expenditure was AUD 161,340 against AUD 434,570 a year ago. On parent basis, total comprehensive loss for the year was AUD 1,251,707 against AUD 7,456,513 a year ago.