With upfront estimates, all you have is Management yearly production guidance and if that's out by a wide variance as it was for the March quarter then you're not going to be real close with estimates - they didn't spend as much as I predicted in Growth capital easing the pain in the bank balance that was also affected by increases in both debtors and creditors.
The model is probably better at predicting both net cash generation and net profit after you get the actual quarterly figures.
With upfront estimates, all you have is Management yearly...
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