I think everyone might be forgetting the mystery shipment the left end of June / start of July has this been accounted for??
- End of June/July shipment 12/15,000 ton ( note in next quarterly operational cost increase carrying forward this shipments costs )
- Sept quarter 48,000 ton
= Call it 60,000 x $600 = $36,000,000 x 1.43 = $51,480,000 AUD
- Cash on hand = $ 9,000,000
- Share options Shanshan = $22,000,000
- Total = $82,480,000 on hand end of September quarter.
Shanshan like mentioned in the ann made a strategic investment to secure product and get a seat at the board. They have just sold off their clothing business for $600,000,000 USD. They are now focused on Battery materials. Do the math.
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