Its a sheer impossibily to only receive US$153.09/t and then have a bank balance + receivables increase by A$76.49 million in a quarter. On top of that a $22 million dividend and $5 capital expenditure.
The sales - C1 costs at the prices quoted with the end total of cash and receivables makes the accounting impossible. Very creative accounting.
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- Ann: GRR - Quarterly Report for 3 months ended 30 September 2021
Ann: GRR - Quarterly Report for 3 months ended 30 September 2021, page-20
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