Not sure why the big-sell off but today's announcement was great for financials. It will certainly beat Goldman Sachs 2022-23 FY outlook on Revenue and Cashflow. Great work by Gareth and the Core team on negotiating 80% prepayment and shifting favorable impacts to current financial year. My quick calculation tells me we are expecting Cashflow of $100M AUD in the next 2 months. I'm already looking forward to profitable 2022-2023 Annual Report. Well done Core Team.
Reported Revenue/Cashflow Apr - Jun 2023 Customer Sale Qty Price USD Est Revenue USD Recognition Apr-Jun Cashflow USD Cashflow AUD @ 0.7 Yahua 3,500 4500 15,750,000 100% 15,750,000 22,500,000 Yahua 15,000 4500 67,500,000 80% 54,000,000 77,142,857 69,750,000 99,642,857
Ann: Additional Spodumene Sales Agreements Secured with Yahua, page-96
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