Thanks Henry for the post!
44305 x 1083= 48M, agree that there should be about $6M more cash receipts for the quarter.
The production cost seems to be within guidance of $35M, though in the cash flow report it was split into striping ($6.5M) and actual production ($29.5M). Strip ratio is still high at 15.
I didn't see the high merger cost in this report though, not sure how the accounting tricks were done.
Need to see the consolidated financial statement to have a better idea.
Agree the cash flow for next quarter will be tight. If we can find another off taker and sell whatever is produced for the next quarter, then there shouldn't be any problems. Sounds every confident to do drilling/stripping/ development of fines at the same time.
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