Yes but u need look at the coal sales, only 2.8mil sold compared to 3.5mil last quarter due to wet weather... there stock piles increased by 0.5mil... so if they sold remaining production they would of been in net cash position... Overall its not a bad result, next quarter should be a strong quarter as mentioned in the quarterly... Im buying more, just gives a opportunity to pick up more while most find out about the above than just looking at the headline figures...
Ann: March 2023 Quarterly Activities Report, page-7
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