Quarterly predictions, page-98

Don't know how that frowny face got there! I'm sure the cash will increase at a greater rate next quarter.
The most important figure in the quarterly for me is the concentrate production and is the biggest guesstimate in these predictions. It is purely based on them having a more normal quarter but the 650kt estimate hasn't been supported by increased shipments and produces a very high stockpile figure of 311kt so hopefully there are other factors in play otherwise the production figure might prove to be optimistic.
The pellets sold figure of 467kt might prove to be conservative as it depends on accurate guesstimates between pellets and chips shipped in the two Port Kembla shipments. It wouldn't surprise if there was up to 15kt more pellets in these shipments and a corresponding lesser amount of chips.