Quarterly predictions, page-348

Q3 Actuals v predictions :
1) Average sales price received: Actual US$130.22/$A182.49 v Prediction US$124.00/$A173.00/t
2) Unit cash operating cost: Actual $A101.45 v Prediction $A106.00
3) Concentrate production: Actual 649kt v Prediction 575kt
4) Cash at bank: Actual $175.5mil v Prediction $A190mil, Trade receivables: Actual $13mil v Prediction $A9.5mil. Combined: Actual $188.5mil v Prediction $199.5mil
5) Pellet production: Actual 639kt v Prediction 575kt
6) Pellets sold: Actual 422kt v Prediction 416kt, Chips sold: Actual 42kt v Prediction 32kt
7) Pellet stockpile: Actual 395kt v Prediction 337kt

We shouldn't complain about Shagang underpaying for the pellets as I'm consistently under using the Custeel prices.
Good to see production up by 75kt to my prediction - good for Q4 shipments.
Shipping schedule still very close to actuals.