Interesting, not sure the article you're referring to. (I'm not going to subscribe to read it) So will comment only 'in general terms'
Could non cash earnings be something like the following:
* Growing stockpile that hasn't been sold?
* Building assets like fixed plant that are not being depreciated because they haven't been used yet?
* Increasing resources still in the ground?
* Provisionally priced sales on a quoted value of goods sold outside of contract that rise in value before the transaction?
Some ideas off the top of my head. Decided to phrase it as a question because I am not sure.
Deciphering Lynas, page-848
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