Suni, take from not last Q. Get your facts right and stop...

Suni, take from not last Q. Get your facts right and stop feeding bullshit.
This is damn good for a producing company only 18 Months from IPO

March 2023 Quarterly Activities Report
Highlights:
Anthill Copper Operation
• Improved Operating Cashflow – Copper sales of 2,818 tonnes in the March quarter
generated outstanding net revenue of A$35.55 million (up +17% QoQ) and operating cash
flow of A$13.6 million (up +158% QoQ).

• Production – Production for Q1 2023 averaged 30.7 tonnes/day (up 14% QoQ) of copper
at an AISC (all-in sustaining cost) of US$2.79/lb sold (down -24% QoQ) despite February
being a short month and more than 1,000mm of cumulative rainfall in the quarter.

• Improve outlook – Thiess continues to exceed the daily mining target, despite extreme
weather conditions in the quarter. Mining recommenced in the Anthill West mine as the
weather conditions are improving, and processing is already at a steady state with plant
efficiency of +90%.
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Corporate
• On 31 March 2023, Austral Resources held A$6.1 million in cash at bank.

• Total operating site costs, for Q1 2023, including mining, processing, and maintenance,
were A$21.9 million (down -12% QoQ).

• Wingate senior secured debt reduced to A$21.1 million.

• Thiess repaid A$8.18 million for Q1 2023, and total payables at 60 days for other suppliers
reduced to A$8.9 million
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