Predictions for this Friday's half year results, page-4

Where is the cash going?

The answer is right there in the screenshot... 
"The US$24.7 million cash reduction from theprior quarter was the result of a US$21 million shareholders loan made to the SDJ joint venture to fund Olaroz expansionactivities, US$3 million in corporate costs, US$1.5 million in Cauchari JV expenditure, US$0.6 million funding to Borax, US$0.5million strategic property purchases and US$0.1 million of forex losses."

Transfers to SDJ are running ahead of the project spend. (ORE's contribution to equity funding is 75% as they fund the JEMSE portion)
"As at 31 December US$19 million has been spent on the first phase of expansion activities including the construction of newroads, vegetation clearing, construction of new evaporation and harvest ponds, secondary liming plant, eight boreholes and theexpansion of existing site infrastructure and camp accommodation. New camp accommodation facilities, capable of housing 100beds and new catering facilities are currently under construction and are expected to be completed in Q3 FY19"

........................................
Reported profit will be minimal, but cash drawdown say another $30mil?
Half year report is at balance date of Dec31 so the USD 284m available cash is the final position - no further draw down in the half...