Ann: Half Year Accounts, page-6

my 27c worth of comments, noting previous projections about CF:

https://hotcopper.com.au/threads/ann-quarterly-activities-appendix-5b-cash-flow-report.7204393/page-10?post_id=65999742

- the previous guidance about Bluff shipping amounts is now confirmed. 40kt for Mid-February turned into 38kt, 34kt from late Feb into early March. Overall Bluff revenues should come in around $50m due to improved PCI prices (especially for the mid-Feb shipment)
- 82kt from BME for mid-March is something that i did not factor in so thats an extra ~$20m in much needed revenues for the Q. i think they delayed the release of the HY report just so that they could mention this shipment.

So i got them on at least 105m in revenues for the Q, add to the existing 52m, total ~157m. Costs for the Q as previous post:

~$70-75m for production and development costs (similar to last 2 Qs)
$10m for continuation of Burton CHPP refurb (guess)
$16m repayment of Taurus Facility in March
?m for Burton pre-strip and mining?

I do note however that net receivables is -52m.

Production figures have finally made an appearance -- 407kt ROM mined at BME (and steady state hit) and 193kt ROM at Bluff. Bluff still confuses me. So many mentions of 80-100kt/month steady state production but they also guided 0.6Mt ROM production from Bluff for 23FY in their many presentations.

With 600kt ROM produced in H1, and assuming BME will do 500kt (steady state) in H2, Bluff hitting the remaining guidance and going for 400kt in H2, they will need 500kt contribution from Burton in Q4 alone to hit this 2Mt production target.