PLS - 2020 chart thread !, page-385

I was really scratching my head to find some positives in today announcement so I went back and did a bit of digging from previous announcement.

Trying to put in better context the numbers:

		SOLD	Sale Revenue	Stock Pile	Net Loss
2020	Sept Q	20044	$ 37,8M	51,468	$ 63,4 M
	Dec Q	33178		25,730
	March Q	33998	?	?	?
	June Q	?	?	?
	total	?	?	?	?	?
2019	totals	128373	$ 131.57 M

1) to meet 2019 sold volumes, PLS to ship record 41153 dmt in June Q...unlikely
2) If 2H sales equal to 1H, total sales for FY20 $ 75,6 M or down 42% yoy...best case
3) reduction in stock pile not disclosed in today comms will likely to drive a further non cash inventory write down
4) Nordic Bond liability 12MUSD per year interests + Principal repayment in 2020 ~ 30 M AUD at 0.6 fx
5) In FY 2019: $ 22,6 M Salaries

Bottom line, it is great they have ~100M in cash as IMO IMO they will need it big time towards the end of FY.

This just my own research and not financial advice DYOR and good luck with your PLS investments