That would be for a total of 37kt shipped for the quarter? I had worked out a cash shortfall of ~$43m previously. Assuming A40 can sell at AU$1000pt, your number may well fall a little short. Also would likely need an extra shipment before end of Sept as a buffer to avoid dropping below the $15m covenant in first week of October. Still looks very tight. Wouldn't be surprised if the offtake partner books a larger shipment in second half of September. Anyone else got some thoughts? AIMHO
A40 Price at posting:
8.2¢ Sentiment: Sell Disclosure: Not Held
