The key question for me and other investors will be how quickly cash is built once access to high grade ore resumes.
given 0.3 mwmt was produced in the September quarter, I assume something similar for the December quarter, and based on guidance see about 0.7Mwmt for the March and June quarters, so perhaps 9 ships per quarter. At this point we will be producing near 65%, and significantly lower amounts of silica so pricing penalties should be reduced also.
am thinking we should be getting >10M in positive cashflow per ship depending upon costs and prices at the time. So may generate 180M before other costs for the last six months.
The key question for me and other investors will be how quickly...
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