They actually got him to say this, right at the top of the 2q16 earnings release NR:
“The second quarter thrust us back into an earnings position…”
I couldn’t stop laughing. And Steve, it’s not just me, we’re all laughing at you. For the rest of us, you know things are ominous when the headline of a mining NR is about “net operating cash flow”. Yup you got it, IMG reported a net loss.