Q1 is shaping up to be an ordinary quarter at the moment with maybe only $10mil in cash being generated before any tax allocation.
I have allowed for two extra ships in March that haven't as yet been notified - so I have 8ships in Mar qtr v 9ships in Dec qtr.
A noticeable drop in unit prices received down from US$160(A$243) to US$127(A$192.5).
Schedules attached for cashflow and shipping for Q1 & previous Q4.
2018-22 Grange ships (Recovered).pdf
Q1 is shaping up to be an ordinary quarter at the moment with...
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