Cash Margin A$25m to A$30m - but where is the money?at 30 June...

Cash Margin A$25m to A$30m - but where is the money?

at 30 June 2021:

Available Cash A$35.7 million
+ Metal Inventory & Open Settlements A$17.4 million
+ Restricted Cash A$19.0 million
Secured Debt Balance US$29.1 million


at 31 March 2021:
Available Cash A$21,2 million
+ Metal Inventory & Open Settlements A$30.6 million
+ Restricted Cash A$19.5 millionSecured
Debt Balance US$29.1 million

Available Cash + Metal Inventory & Open Settlements virtually the same at A$53,1m vs. A$51,8m

while Restricted Cash and Secured Debt Balance is almost unchanged

also keep in mind that although June quarter EBITDA ist much higher than in the previous quarter, but NCZ achieved A$22.4m in december quarter