That’s just for the contingent payment if prices fall. They still need to make payment for the deferred amount. This quarter we wont see what FCF is. Let’s see the difference between the receipts and the payments to suppliers at end of year. Let’s see the inroads they make on the difference between trade debtors and trade creditors compared to December half. But you see you will have to wait til August for that. Quarterly production numbers hide a lot of things. Let’s see what they put into the commentary anyway. Do you recall the disparity between debtors and creditors in the the December half? WHC up until the B&D purchase revised guidance downwards many times. They have behaved since. Lol. So we need to wait a little longer to to see the fuller picture. Look at the prices of coal in Dec qtr and prices during the March qtr. No chance numbers will be near as good as previous quarter. If they are I will print that pic and kneel before him. LMAO
WHC Price at posting:
$4.78 Sentiment: None Disclosure: Not Held
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