Busy times, but as a 'guidance' I want to use some time to provide some early data ahead of QR.
In a one-liner: our Q revenue 'should' land around AU$207m (I would put a +/- 10% there). Potentially our third best Q ever.
Note: my data is not perfect, largely due to differences in reporting time. Over a quarter there can be significant discrepancies between my data and LYC quarterly reports (highest difference in the past 3 years was 20% under reporting by me in Q2_21). However, over a calendar year the numbers generally match (+/-5%). Hence, my numbers is more of a 'guidance'. I'm including a chart where you can see my data vs QR numbers historically and let you make your own assumptions re my revenue 'guidance' for the upcoming QR.
Blue= my data, purple QR. Y-axis in million AU$
My thoughts: after a significant dip in Q3 22, both production and prices have picked up. Having said that, I don't think the current uptrend in NdPr price has flowed into our revenue just yet. My guess is Mr Market is 'expecting' around AU$200m, so we are likely in the ballpark with potential upside. For the HY, we have likely piled up around 200 m in profit. This with major issues and lowered product pricing. IMO we are looking very good for the current and coming quarters/years.
(20min delay)