Looks like we have turned the corner.
Interesting, in the 5B for Dec 17 Qtr we had an estimated ($2.316m) outflow for the March 18 Quarter (no inflows noted). Total estimated outflows for June 18 qtr are ($348k) with $2.354m inflow from revenue noted.
March quarter wasn't good, but I don't think anyone following NSL thought it would be. They let us know as much, and at the same time let us know that April had a better outlook. The Sales update confirms this. I understand we had 7kt stockpiled at the end of March, but 10kt+ sales in April is a good result. Especially if 10kt was produced in April as expected, meaning there is potentially a stockpile of 7kt awaiting delivery. Hopefully April production gets confirmed in the next week or so.
Well overdue, but finally seems that we may be consistently producing.
- Forums
- ASX - By Stock
- Ann: Sales Update
Looks like we have turned the corner. Interesting, in the 5B for...
-
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ELE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online