E25 2.44% 20.0¢ element 25 limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

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    Positive cash flow for the quarter despite rain affecting operations. Also small build of inventory which suggests we could see a great December quarter so long as no further disruptions to production occur. Also encouraging that shipping costs are reducing. Further refining will also assist the gross margin and reduce shipping costs. Hopefully the SP will re rate at some point to reflect change in business dynamics.
 
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