Buongiorno from sunny Rome!! Note that the last quarterly said...

Buongiorno from sunny Rome!!

Note that the last quarterly said stockpile levels were near the level needed for the ongoing higher production at the end of the Stage 1.5 expansion. So they are close to stabilising.

Moreover the capital spending required for Stage 1.5 expansion was $15 million, nearly half of which was to occur after 30 June. So these payments can be made from the loan facility and some will certainly be included in the payables at 30 June.

Thanks Happ you have stimulated me to review the CXM state of play more closely.