MGX 0.58% 42.8¢ mount gibson iron limited

Yes going from an accrual basis in disclosing sales revenue in...

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    lightbulb Created with Sketch. 2013
    Yes going from an accrual basis in disclosing sales revenue in all previous quarters (with the resulting move in 'working capital movement') to a cash collected basis this quarter is disappointing - the difference being $38.7mil - they do state that the negative provisional pricing adjustments to March quarter are currently $25mil(it's been reduced due to the increase in the IO65 price from ~$114 at 31Mar24 to ~$129 at 17Apr24).
    https://hotcopper.com.au/data/attachments/6112/6112430-ac089ab3c8fb180190cf6282a991889f.jpg
    MGX Shipping Schedule.pdf

 
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