Just been having a look at how the quarterly may look .
Stockpile at the Port at the end of September.:
11,504t
Estimated production for the dec quarter:
13,000t x 3 = 39,000t
Total production plus stockpile:
Around 50,000t less 27,000t balance for PLL OTA leaving 23,000t for the JV (17,000t net to SYA) which depending on shipping means some will almost certainly fall into the next quarter.
The key of course is the margin and IMO the average concentrate price over the last three months would be around $US300t give or take. The price of course has has dropped considerably recently so starting this quarter on a more sobering note, however its the average over a longer timeframe that counts.
We'll find out in around 3 weeks if not before..
Cheers Whisky
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