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
- Forums
- ASX - By Stock
- A40 price action
That would be for a total of 37kt shipped for the quarter? I had...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)