Ann: Quarterly Activities Report, page-13

I can't.

My back of the envelope maths using the disclosed numbers would suggest cash receipts ~$21m (2,759t x $7,571/t) vs cash costs of ~$46m (4,678t x $9,876/t) - a net cash outflow of ~$25m. Far more than the EBITDA would suggest.

But then EBITDA likely includes inventory adjustment and also there is likely a lag in cash receipts from Cu sales.

Perhaps more germane to look at total cash, WC + investments which seems to have declined ~$15-20m (after adjusting for the CR), reflecting more accurately the Nifty cash outflow (tin neither here nor there, only <$2m attrib cash generated)?

IMHO it's quite hard to form an accurate picture of cash generation / cash outflow from the detailed quarterly disclosure - and as a consequence, hard to make a robust forecast on a quarterly basis.