There is a lot going on in this report.
Feel like I being hit by good, bad, good bad etc.
The debt sticks out to me, but it's still within 40%. Iron production looks very light, and sales revenue down which is very surprising to me. Lithium realised price is lower than PLS on an equivalent basis, so that is a huge surprise to me. Guiding for lower costs though which is a great thing.
I don't know if this report is purposely ambigous but I can't see anything about actual cashflow for this quarter. Going to have to try and back it all out.
Investor call will be interesting, have no idea how market will react to this. So complicated.
Ann: FY24 Q2 Quarterly Activities Report, page-4
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Last
$55.94 |
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Mkt cap ! $10.99B | |||
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