Could be wrong here, maybe I'm slow.
The shipments for sept qtr doesn't have cost for production. There is a cost claim though.
-45kt in q1 production was sent h1.
Of the 45kt in h1, 15kt revenue was recorded in july=15kt no production cost in q3.
- 45kt was produced in q2, sent in q3. Cost claimed in h1. 45kt no production cost.
60kt total in q3 have no production cost.
- the production cost for q3 is for 2×15kt yet to go plus 15kt in oct.
Meaning there is 60kt shipped in Q3, without production cost.
There will be a production claim against the 3×15kt booked but not yet sent.
GXY Price at posting:
$1.11 Sentiment: None Disclosure: Held
