Unit operating costs increased due to lower concentrate sold during the quarter, however this was offset by favourable
inventory movements. They didnt sell their whole inventory, this makes sense lol.
So for those who cant understand this lets say you buy a bag of 50 apples for $35, but the fuel to go there costs $15 so essentially it costs $50.
The price for a single apple is $1.1 and a friend wants to buy some off you for $1, so you feel like you can use some of those apples later so only sell half of these apples. You end up getting back $25 so you technically made more than half what the bag was worth $35-25=$10, those apples only cost you $10 but with fuel its $25. so really your not making any money by selling to your friend.
However if you were to sell the rest of the apples aswell you would actually end up making money. SYA has 20k tones of lithium in storage, if they sold at spot $800usd lets just call it $1200AUD then we would make a profit, as our costs would go down aswell.
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