That is exactly my grief....in December 2023 they said production was at the rate of 240kt pa, and gave guidance of 60kt in Q1. They maintained production guidance despite the cyclone. So I thought only shipments/ sales were affected. But no, we got a quarterly on 26 April and production for Q1 was like mid 30kt at best. Compare the tables of inventory between the two quarterlies and you'll be able to see that. No material uptick in inventory stockpiles despite low sales / shipments.
Also guidance of 440kt in CY2024 was first reduced to 400kt in January and now it's like 332kt (32+55+108+136) without any explanation and despite multiple celebratory announcements that stage 1.5 was ahead of or on schedule.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-51
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