You have missed multiple costs that they incur that you are not stating here (as FEX do not state them as operating). FEX are paying income tax in instalments now, they paid $3.8m during Q3 so expect that again. You can't "bank" the $8m from Q3 without allowing for a late shipment at the end of Q4 too.
The other thing they will need to be wary of is how much and when they will require the capex for Beebyn which I'd expect will be in H1 2024, there are penalties applied for late development as part of the Right to Mine agreement so they will need to get this operating as quick as they can.
They haven't previously paid an interim dividend and with the capex commitments that they now have, I'd be surprised to see an interim dividend.
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