Ann: Quarterly Activities and Cashflow Report, page-76

Total inflow for the quarter was 152.8M + 106.5M = $259.3M. Final balance of $202.1M, means outflow of $57.2M.

Part of that outflow was due to the Yahua true-up ($27.7M), so $29.5M remaining. $27M was for exploration and development costs. So we're roughly even.

If you put it in another way, you would have an extra $27.7M from backing out the Yahua true-up, and then an unprecedented 164kt of ore, enough for a whole quarter. $43.3M production was spent on the Sep 8 shipment, the October shipment, and 164kt of ore now on the ROM. If we just used half of that $43.3M and say it was for future costs, we have another $21.6M cash for this quarter.

So in an ordinary quarter, it would be $27.7M plus $21.6M = $49.3M. Which can tie roughly back to the forecasted $150M NPAT/year.