Winter, Appendix 5B page 1 clearly states the Revenue of $19.954M is NET of the $8.3M.
Next quarters forecast cost outflows are $27.7m.
So lets say production next quarter is 45,000dmt, Rev per dmt say USD$860 less marketing/royalty costs = approx Revenue $48M which would generate a Net cashflow of $20.3M for the quarter.
Ann: Quarterly Reports - June 2017, page-28
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