This Activities report shows some good breakdowns but I need a bit more explanation.
So NML have had a cashflow hellish qtr and I hope it is past for now.
I do not understand it all..... just sharing my research. Please add to my understanding if you know better.
Substantial payments of $11.2M (to Evolution) and $5.5m (stampduty +$?)
Items c) and e)
Oddly to me the $11.2m in the Financials is added as a production cost (note 6) and seems to be included into the C1
which in the Activity summary blows the C1 out for the past Qtr.
Actual Mining and Processing costs are up but processing lower grade. (less ounces)
The Process recovery of 77% seems low to me. Explanation???
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This Activities report shows some good breakdowns but I need a...
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