Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

Hey @kdwc,

It's about what I was expecting after the recent ASX annoucement of Record Zircon Sales Achieved.

Very solid positive operating cashflow driven by zircon sales, consistent quarterly mining and processing outcomes all resulting in the repayment of short term debt.

Probably the best news in this quarterly report is the low/no capex Business Improvement Initiative that will increase mining rates and production whilst reducing the unit cost of production in future periods.

What will the stock market make of all this? Can't harm the share price IMO. But in a Trump induced market correction in an unloved sector (mineral sands) I can't see the perpetually unloved SFX doing much more that sustaning a modest bounce over the coming weeks.

GLTAH

-DGT