409tonnes shipped at $21.5 = 8.8 million. Cash receipts are 6.9 million giving us a difference of almost 2 million between what was shipped and what was paid for.
That DOESNT include the difference in the previous paragraph (741 tonnes - 409 tonnes) which is related to sales timing differences.
'The difference in production and shipments largely relates to the timing of sales at the end of the quarter.'
(key words are production and shipment).
Anyway this discussion is pointless as it makes no material difference.
another lyc thread, page-9
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