Can you explain how you came to think that they would be banking $1b in the March quarter? Obviously not many brain cells were used in your calculation. They only increased the cash balance by $851m in the December quarter when the price of lithium was on fire. The price of spod has tanked relative to the previous quarter and they are selling spod at a reference rate that it closely linked to spot and hydroxide/carb pricing.
The share price is going to poo itself tomorrow like it did for MIN the other day.
Ann: March 2023 Quarterly Activities Report, page-19
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