That would be for a total of 37kt shipped for the quarter?
I had worked out a cash shortfall of ~$43m previously. Assuming A40 can sell at AU$1000pt, your number may well fall a little short.
Also would likely need an extra shipment before end of Sept as a buffer to avoid dropping below the $15m covenant in first week of October.
Still looks very tight. Wouldn't be surprised if the offtake partner books a larger shipment in second half of September. Anyone else got some thoughts?
AIMHO
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