Despite sales volume of REE being down and there being shipping issues due to COVID and Suez canal blockage, cash receipts went from $68 million last quarter to $133million this quarter. Kalgoorlie Project is moving along rapidly. Still not at full capacity due to COVID.
I would say the key indicator towards profit is "Closing cash balance: A$568.5m (Q2 FY21: A$512.6m)". I may be incorrect but I read that as being close to $56million profit for quarter. I was guestimating $60 million so was close.
Ann: Quarterly Activities Report, page-2
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| Open | High | Low | Value | Volume |
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