1MC 16.7% 0.3¢ morella corporation limited

AJM Reporting is Misleading, page-4

  1. 601 Posts.
    lightbulb Created with Sketch. 73
    that number you pulled 45484 for your calcs is the production #

    "Record quarterly production of 45,484 wet metric tonnes (wmt) of lithium concentrate, up 7.3% from the prior June quarter, exceeding guidance and moving steadily towards nameplate production of 220,000 wmt per year."

    not what was sold!

    "Product demand from established offtake partners remains firm, reflecting the excellent quality of Altura product. A total of 25,601 dry metric tonnes (dmt) of concentrate sold via three shipments during the quarter, with a further shipment of 11,587 dmt sailing on 2 October 2019."

    2 shipments missed the Q cut.
    Suggest you re-read.
    Last edited by Otis3sgte: 17/10/19
 
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