RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent So in conclusion, my conservative estimate would be Bne ends 2023 at about 147 net debt. But my mid estimate would be about 140 m.
Really depends on payment terms and when it was received. But since most are a minimum of 30 days from billing, most payments for November/December would be in Q1, 2024. So Q4 would be based on August -October production.
Because accounting uses accrual basis vs cash basis, revenue would be lower due to November/December pricing. But with a 30-90 day lag, Q4 cash flow in 2023 should be close or even higher than Q3, as prices were higher in the preceding months.