good results finally1 Oct 2021 11:17
$2.1 million pre payment received during sept for supply of 17k tonnes at approx $120/tonne.
This suggests that the customer is worried of price rises and so locked in that quantity.
Assuming we sell 90k tonnes this quarter at $120, revenue would be $11 million.
free cash fow generated would be in excess of $5 million.
End of quarter 1 cash would be about $10 million ($3 million from last quarter, $2.1 million pre payment, $5 million this quarter).
I hope so......