I sent a message via their website last night - I'll post any reply when I receive it.
My theory for the CAD$30 million difference is delayed payment for the last 2 shipments in the quarter - namely Berge Arctic & Centennial Harmony - combined total of 352,000 tonnes
Multiply that by the US$63.88/t = US$22,485,760 which converts to approx. CAD$30 million.
There two ships departed Sept-Iles in the 2nd half of June which constitutes sales but might have not received the actual payment until early July thus cannot include in 'receipts from customers' in the quarterly ending 30 June.
Perhaps Sojitz pays monthly - who knows?
Just a theory - I'll let you know if I get a response from the company.
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I sent a message via their website last night - I'll post any...
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