Diligent, if you are looking at the quarterly cash flow to confirm iron ore sales in $ you will not find it there. ADY own 60% of the iron ore business as a direct equity investment. The sales revenue will sit with the assets which are held by the chilean based company Minera Santa Barbara. ADY therefore will earn 60% of profits or losses which are made by that entity and will receive cash revenue in the form of any future dividends that maybe paid.
Hope this helps.
Diligent, if you are looking at the quarterly cash flow to...
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