Arrhh Arf you know I love you but this is not how you research...

Arrhh Arf you know I love you but this is not how you research fundamentals. It seems I've taught you nothing and understanding in the end has not improved.

Why should I do all the work for you? I guess because I just what to help you. So here goes

1. It's not US$58M you silly punter you. Its US$49M. Not sure where you get your data but PLL's 10Q filing with SEC for Q1 has this information (Net Proceeds from sale of SYA US$41.4 and ALL US$7.4 ... so its is US$49M). You've shown that you're challenged in finding these things .... its page 14.




And so I hope we are satisfied that's its US$49M


2. Where did all that cash go in H1 was you question. And again this information is right there in front of you. I'll try and simplify it as much as I can. Picture first then shall we




So in H1 we gone from ACTUAL STARTING CASH of US$72M to ACTUAL ENDING CASH of US$59M ... so thats this CASH BURN as some not so financially literate posters like to point out ... reinvestment into the business is not burning cash (well I guess if the business is going to be loss generating in perpetuity it is ... but we don't believe that is the case with NAL do we. If so why are you here?)

But that wasn't your question. Where did it all go?
(a) ~US$23M went to Affiliates - thats SYQ and ALL (you don't care about the split do you ... you can that in SYA's chart in Qtrly)
(b) ~US$8M was spent on PLL Capex (so that's CLP primarily and its mostly land and studies)
(c) ~US$28M was the operating loss ... what a shit company right ... its expensive paying Chinese VAT and shipping.
(d) ~US$2M in "other" ... whatever floats your boat - Mosquito repellant maybe?

So that adds up to about $61M and 72 + 49 - 61 = $60 (rounding error).

Surely you are satisfied now. And surely you (being the astute investor you are and not just a silly punter) have the know how and just screwing around for entertainment value ... its all very amusing but can we stop now.