SRK strike resources limited

Seems like most of the cost of the 15,000t shipment was included...

  1. 615 Posts.
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    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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