They started the quarter with $A99 million and added $A13 million early in the quarter from the shares sold, so that takes it up to $A112 million. If say 50,000t was sold during the quarter at any average loss of $A200/t then that's a $A10 million loss for SYAQ, of which $A7.5 million would be SYA's. This would take it down to $A104.5 million. Big Kev has said it will be down to $A50 million, so you might have to get him to finish off how he got from $104.5 million to $50 million. Maybe he has a large amount for Capex still, or even high exploration costs. It would be good to see what he knows that the rest of us won't until the quarterly comes out.
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