Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-154

Well after finally getting a chance to read the report the main takeaway for me is having unpaid for inventory at sea , at the port or at NAL our cash position allows for at least another quarter of production IMO and quite frankly is all that really matters at the moment, buying time and hope prices increases is better than C&M but that still very much on the table.

Operationally it was an excellent report, 91% plant utilisation in June, improved recoveries , improved production and run rates of up to 919 tonnes per day means we are quite capable of running beyond nameplate and I like the chances of steady state being reached this quarter.
It's patently obvious costs need to come down and will, they we're distorted considerably by production exceeding sales this quarter so the underlying costs will be below that reported. The main Elephant in the room is Spodumene prices and there is not a lot they can do about that unfortunately.

Cheers Whisky