Seems like most of the cost of the 15,000t shipment was included in this quarter.
"The Company also notes that the Production cash outflows during
the quarter include costs incurred towards the production of a 15,000 WMT stockpile of lump iron scheduled
for export to Chile in late October 2021 (for which the Company expects to receive payment in early
November 2021)."
Approx. revenue from shipment: 15,000 x $160 (US$120) = $2,400,000
Most of this should go to cash balance so we could be looking at approx $6mill cash on payment next week.
imo
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- Ann: Second Iron Ore Shipment from Peru Completed
Seems like most of the cost of the 15,000t shipment was included...
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