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Ann: Operations and Guidance Update, page-22

  1. ccdavid
    2,501 Posts.
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    30/03/23
    11:54
    Post #: 67041304
    Ore production is not slowing up because of the offtake. Its being stockpiled.
    The good thing of not having your own concentrator, you don't have a downtime
    on concentrate production if its out of spec. Those stockpiled ore Nickel Equivalent
    would still meet the guidance albeit not converted to cash. But at least MCR has enough
    Cash to withstand this. It won't be negative cash flow this quarter IMO.
    MCR Price at posting: $1.45 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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