Ann: First Lithium Shipment Boosts NAL Revenues, page-134

I believe you left out the $37 - 38 million of the second tranche of the raise PLUS the $6 million in 15.0 Directors options conversion and the fact they only received 90% of the first shipment by end of Aug. If you add those extra proceeds in July , you have to add it to what you effectively spent in arriving at the $257 million which includes the 90% of the first shipment in Australian dollars. So you need to account for ALL expenditures forecast plus known receipts.

And that's why I said if we actually received additional contributions by Piedmont by 31st August , the result would be even worse. So I assume we have not received any further amounts by them or even SOQUEM.