Westwater Resources, Inc. (WWR): تحليل مصفوفة ANSOFF

في المشهد سريع التطور للطاقة النظيفة وتقنيات المركبات الكهربائية، تقف شركة Westwater Resources, Inc. (WWR) في طليعة الابتكار الاستراتيجي، حيث ترسم بدقة مسار نمو شامل عبر أسواق الليثيوم والجرافيت. ومن خلال الاستفادة من مصفوفة Ansoff المتطورة، تستعد الشركة لتحويل التحديات المحتملة إلى فرص تحويلية، ووضع نفسها استراتيجيًا للاستفادة من الطلبات الناشئة على مواد البطاريات والتقدم التكنولوجي. انغمس في هذا الاستكشاف لخارطة الطريق الإستراتيجية الديناميكية لـ WWR، حيث تلتقي المخاطرة المحسوبة مع التوسع المتطور في السوق.

Westwater Resources, Inc. (WWR) – مصفوفة أنسوف: اختراق السوق

زيادة الجهود التسويقية التي تستهدف عملاء مواد بطاريات الليثيوم الحاليين

اعتبارًا من الربع الرابع من عام 2022، أعلنت شركة Westwater Resources عن إيرادات مواد بطاريات الليثيوم بقيمة 3.2 مليون دولار. تركز استراتيجية التسويق للشركة على توسيع العلاقات الحالية مع العملاء في سلسلة توريد بطاريات السيارات الكهربائية.

شريحة العملاء	حجم السوق المستهدف	الإيرادات المحتملة
مصنعي المركبات الكهربائية	124 مصنعًا عالميًا	45.6 مليون دولار السوق المحتملة
شركات تكنولوجيا البطاريات	87 شركة تعمل في مجال تكنولوجيا البطاريات النشطة	32.1 مليون دولار السوق المحتملة

تحسين كفاءة الإنتاج لتقليل تكاليف كل وحدة

تبلغ تكاليف الإنتاج الحالية لمواد بطاريات الليثيوم 8.75 دولارًا للكيلوغرام الواحد. وتهدف الشركة إلى خفض التكاليف بنسبة 22% من خلال تحسين العمليات.

• الطاقة الإنتاجية الحالية: 1500 طن متري سنوياً
• تخفيض تكلفة الإنتاج المستهدف: من 8.75 دولارًا أمريكيًا إلى 6.82 دولارًا أمريكيًا للكيلوغرام الواحد
• وفورات التكلفة السنوية المقدرة: 2.9 مليون دولار

توسيع فريق المبيعات المباشرة الذي يركز على أسواق الجرافيت والليثيوم الحالية

تحتفظ Westwater Resources حاليًا بفريق مبيعات مكون من 12 متخصصًا مخصصًا لقطاعات سوق الجرافيت والليثيوم.

متري فريق المبيعات	الأداء الحالي
عدد مندوبي المبيعات	12
متوسط المبيعات لكل ممثل	1.2 مليون دولار سنويا
إجمالي إيرادات المبيعات السنوية	14.4 مليون دولار

تطوير علاقات أقوى مع شركات تصنيع تكنولوجيا البطاريات والمركبات الكهربائية

اعتبارًا من عام 2022، أنشأت Westwater Resources شراكات مع 23 شركة مصنعة لتكنولوجيا البطاريات والمركبات الكهربائية.

• عدد الشركاء الحاليين: 23 مصنعًا
• توسيع الشراكة المستهدفة: 35 مصنعًا بحلول عام 2024
• إيرادات الشراكة المتوقعة: 52.7 مليون دولار

Westwater Resources, Inc. (WWR) - مصفوفة أنسوف: تطوير السوق

استكشف الأسواق الدولية لمواد البطاريات

بلغ حجم سوق مواد البطاريات العالمية 58.8 مليار دولار في عام 2022، ومن المتوقع أن يصل إلى 109.3 مليار دولار بحلول عام 2027، بمعدل نمو سنوي مركب قدره 13.1٪.

المنطقة	القيمة السوقية لمواد البطاريات (2022)	النمو المتوقع
أوروبا	15.4 مليار دولار	16.2% معدل نمو سنوي مركب
آسيا	31.6 مليار دولار	14.7% معدل نمو سنوي مركب

استهداف مناطق تصنيع المركبات الكهربائية الناشئة

من المتوقع أن يصل سوق السيارات الكهربائية العالمي إلى 957.4 مليار دولار بحلول عام 2028، بمعدل نمو سنوي مركب يبلغ 18.2%.

• الصين: 56% من حصة سوق السيارات الكهربائية العالمية في عام 2022
• أوروبا: 28% من حصة سوق السيارات الكهربائية العالمية في عام 2022
• الولايات المتحدة: 12% من حصة سوق السيارات الكهربائية العالمية في عام 2022

إقامة شراكات استراتيجية

شركات تكنولوجيا البطاريات	إمكانات الشراكة	قطاع السوق
باناسونيك	عالية	بطاريات المركبات الكهربائية
كاتل	عالية جدًا	بطاريات ليثيوم أيون

تطوير شبكات المبيعات والتوزيع المحلية

تبلغ قيمة سوق توزيع مواد البطاريات العالمية 42.3 مليار دولار في عام 2022، ومن المتوقع أن تنمو إلى 76.5 مليار دولار بحلول عام 2027.

• ألمانيا: سوق مواد البطاريات بقيمة 8.2 مليار دولار
• كوريا الجنوبية: سوق مواد البطاريات بقيمة 6.7 مليار دولار
• اليابان: سوق مواد البطاريات بقيمة 5.9 مليار دولار

Westwater Resources, Inc. (WWR) - مصفوفة أنسوف: تطوير المنتجات

استثمر في تقنيات معالجة الليثيوم المتقدمة

في عام 2022، استثمرت Westwater Resources 3.5 مليون دولار في البحث والتطوير لتقنيات معالجة الليثيوم. ويتمتع المصنع التجريبي للشركة في مقاطعة كوسا بولاية ألاباما بقدرة إنتاجية مستهدفة تبلغ 22500 طن متري من هيدروكسيد الليثيوم المستخدم في البطاريات سنويًا.

الاستثمار التكنولوجي	المبلغ	سنة
نفقات البحث والتطوير	3.5 مليون دولار	2022
الإنتاج السنوي المتوقع	22.500 طن متري	2024

بحث تقنيات تنقية الجرافيت المحسنة

خصصت الشركة 2.1 مليون دولار لأبحاث تنقية الجرافيت في عام 2023. وتبلغ أهداف نقاء الجرافيت الحالية 99.95% لتطبيقات فئة البطارية.

• ميزانية البحث: 2.1 مليون دولار
• نقاء الجرافيت المستهدف: 99.95%
• التركيز: تطوير المواد المخصصة للبطارية

تطوير منتجات الليثيوم والجرافيت المتخصصة

تستهدف Westwater Resources قطاعات مواد بطاريات السيارات الكهربائية بقيمة سوقية متوقعة تبلغ 25.4 مليار دولار بحلول عام 2025.

قطاع السوق	القيمة المتوقعة	سنة
مواد بطارية السيارة الكهربائية	25.4 مليار دولار	2025

إنشاء تركيبات مواد بطارية مبتكرة

قدمت الشركة 3 طلبات براءات اختراع لتركيبات مواد البطاريات المتقدمة في عام 2022، مع تحسينات محتملة في الأداء تصل إلى 15% في كثافة الطاقة.

• طلبات براءات الاختراع: 3
• إمكانية تحسين الأداء: 15%
• مجالات التركيز: تعزيز كثافة الطاقة

Westwater Resources, Inc. (WWR) - مصفوفة أنسوف: التنويع

استكشف أسواق مواد الطاقة النظيفة المجاورة بما يتجاوز الليثيوم والجرافيت

أعلنت شركة Westwater Resources عن إمكانات السوق في مواد البطاريات بحجم سوق يقدر بـ 100 مليون دولار للجرافيت المستخدم في البطاريات بحلول عام 2025. ويتضمن التركيز الحالي للشركة التوسع في مواد الطاقة النظيفة البديلة.

مادة	إمكانات السوق	النمو المتوقع
جرافيت من فئة البطارية	100 مليون دولار	15.2% معدل نمو سنوي مركب
الليثيوم	85.5 مليار دولار	12.3% معدل نمو سنوي مركب

التحقيق في فرص التكامل الرأسي المحتملة في سلسلة توريد البطاريات

يتضمن النهج الاستراتيجي لـ WWR تكاملًا رأسيًا محتملاً مع متطلبات استثمارية تقدر بـ 25-30 مليون دولار للتوسع الأولي في سلسلة التوريد.

• قدرات معالجة مواد البطارية
• تقنيات استخراج الليثيوم المباشر
• البنية التحتية لتنقية الجرافيت

فكر في عمليات الاستحواذ الإستراتيجية في قطاعات تكنولوجيا البطاريات التكميلية

القطاع	إمكانية الاستحواذ	نطاق الاستثمار
تكنولوجيا البطارية	50-75 مليون دولار	الهدف الاستراتيجي
مواد متقدمة	30-45 مليون دولار	الفرص الناشئة

تطوير القدرات البحثية في تقنيات تخزين الطاقة الناشئة

خصصت WWR 3.2 مليون دولار للبحث والتطوير في عام 2022، مع التركيز على ابتكارات مواد البطاريات المتقدمة.

• أبحاث كيمياء البطاريات من الجيل التالي
• التنمية المادية المستدامة
• حلول تخزين الطاقة عالية الأداء

Westwater Resources, Inc. (WWR) - Ansoff Matrix: Market Penetration

You're looking at how Westwater Resources, Inc. (WWR) plans to maximize sales within its current market-North American battery component supply. This is about selling more of the Coated Spherical Purified Graphite (CSPG) you can make right now to the customers you already know.

Increase Sales Volume to Existing North American Manufacturers

The immediate goal here is to push the expected output from the Kellyton Graphite Plant's Phase I. The plant is expected to produce 12,500 metric tons per year (MTPY) of CSPG annually in Phase I, which is an increase from the earlier target of 7,500 MTPY mentioned in prior feasibility studies. As of November 7, 2025, Westwater Resources, Inc. is actively working to optimize the processing capacity to align with existing offtake agreements and available financing, which may adjust this initial capacity.

The company's financial standing supports continued progress toward this volume, having raised approximately $55 million since June 30, 2025, through its ATM program and convertible note offerings, resulting in a current cash balance of about $53 million as of November 5, 2025.

Competitive Pricing and Contract Capture

Securing long-term volume commitments is key to de-risking the project for lenders. As of March 2025, Westwater Resources, Inc. had secured contracts for 100% of its anticipated Phase I CSPG production. These offtake agreements, including one with SK On, commit volumes out to 2031. However, a near-term risk materialized on November 3, 2025, when FCA US LLC ("Stellantis") unexpectedly terminated its Binding Offtake Agreement. The remaining agreements with SK On and Hiller Carbon remain in effect. The total expected capital cost for Phase I remains set at $245 million, with approximately $124 million incurred as of June 30, 2025.

Here's a quick look at the Phase I investment status:

Metric	Value	Date/Status
Revised Total Expected Capital Cost (Phase I)	$245 million	As of Q1 2025
Capital Incurred to Date (Phase I)	Approximately $124 million	As of June 30, 2025
Equipment Received (Phase I)	Approximately 85%	As of Q1 2025
Phase I Production Commitment Period	Out to 2031	Based on existing contracts

Deepening Anchor Customer Relationships

Joint development is happening via the qualification line at the Kellyton Graphite Plant. This line, completed by the end of 2024, is designed to produce about 1 metric tonne of CSPG per day for customer evaluations. Westwater Resources, Inc. shipped a customer sample exceeding 800 kg during the first quarter of 2025 for pre-production cell trials. This hands-on approach helps solidify relationships with anchor customers in the electric vehicle (EV) sector, like SK On.

Emphasizing Domestic and Sustainable Sourcing

Market penetration efforts must highlight the domestic advantage over imports, which have historically dominated the graphite anode material space. Westwater Resources, Inc. is positioned as one of the most advanced U.S.-based natural graphite developers. The company is also looking ahead to Phase II, which projects an estimated annual pre-tax cash flow of $192.6 million and an estimated pre-tax IRR of approximately 31.8%.

Key operational milestones supporting the domestic/sustainable narrative include:

• Qualification line capable of producing ~1 mt of CSPG per day.
• Shipped a customer sample over 800 kg in Q1 2025.
• Phase II projected annual CSPG production of 37,500 metric tons.
• Total Kellyton capacity projected at 50,000 MT including Phase I and II.

Finance: draft revised Phase I capacity plan based on remaining offtake agreements by December 15.

Westwater Resources, Inc. (WWR) - Ansoff Matrix: Market Development

Market Development for Westwater Resources, Inc. (WWR) focuses on taking the existing Purified Micronized Graphite (PMG) product line, primarily Coated Spherical Purified Graphite (CSPG), into new geographic areas and new end-use applications outside the current EV battery focus, leveraging the operational progress at the Kellyton Graphite Processing Plant.

Target European or Asian Battery Manufacturers with Existing PMG Product Line

The current geopolitical trade environment creates a clear opening for market development into Asia and Europe, as Westwater Resources, Inc. is positioned as a domestic U.S. producer. Tariffs are a significant factor; for instance, the import tariff on natural graphite anode material from China is currently cited at 170%. Furthermore, tariffs are now in place on CSPG shipped from other countries, including Indonesia, South Korea, and Japan. This makes U.S.-produced CSPG a hedge against such import duties for auto companies and their battery partners operating in North America. While Westwater Resources, Inc. has existing CSPG offtake agreements covering 100% of its anticipated Phase I production capacity, securing future contracts, especially with European or Asian manufacturers with U.S. operations, is a key market development action. The overall U.S. battery-grade graphite market is projected to expand from $5.7 billion in 2024 to $13.48 billion by 2035, indicating substantial room for international players to secure local supply.

Enter the Stationary Energy Storage Market Selling CSPG

Expanding beyond the Electric Vehicle (EV) sector into stationary energy storage for grid-scale battery applications represents a new market segment for Westwater Resources, Inc.'s CSPG. The growth projection for the U.S. battery-grade graphite market to $13.48 billion by 2035 is driven by both EV adoption and energy storage needs. Although existing CSPG offtake agreements with SK On and Stellantis (FCA) were primarily EV-focused, the technical specifications of the 99.95 percent purity CSPG produced at Kellyton are applicable to grid storage solutions. The qualification line is currently capable of producing samples in excess of 1 metric ton (mt), which can be used to initiate trials with stationary storage integrators.

Establish a Sales Presence in Mexico and Canada

Expanding the North American footprint beyond the United States into Mexico and Canada is a logical market development step, especially given the tariff landscape. Policy decisions, including tariffs, by the U.S., EU, Canada, and Mexico have created general market uncertainty in capital markets, impacting debt syndication timing. This uncertainty underscores the value of secured, local supply chains in these adjacent markets. While specific sales presence establishment data isn't available, the existing CSPG supply to Stellantis (FCA) was set to begin in 2026, suggesting existing commercial ties that could be leveraged for broader North American penetration. The Coosa Graphite Deposit itself covers 41,965 acres and is the most advanced natural flake graphite deposit in the contiguous United States, providing a secure feedstock base for this expansion.

Secure Qualification with Non-Battery Industrial Customers

Westwater Resources, Inc. has already established a commercial foothold in a non-battery industrial market with its Graphite Fines product. The company executed a binding Off-Take Agreement with Hiller Carbon, a supplier to the steel and foundry industries. This agreement covers 100% of Westwater Resources, Inc.'s anticipated Phase I Fines production, expected to be approximately 14,000 mt/year. This move directly addresses the need to secure qualification with non-battery industrial customers, such as those in refractories or lubricants, by utilizing the by-product of the CSPG spherodizing process.

Here's a summary of the current production capacity and commercial commitments relevant to market development:

Product Stream	Target Market/Customer	Status/Volume	Purity/Specification
Coated Spherical Purified Graphite (CSPG)	SK On (Battery)	100% of anticipated Phase I production under contract (prior to Nov 2025 termination)	Battery-grade anode material
Coated Spherical Purified Graphite (CSPG)	Stellantis (FCA) (Battery)	Terminated Binding Offtake Agreement on November 3, 2025	Supply commencement originally set for 2026
Graphite Fines	Hiller Carbon (Steel/Foundry)	100% of anticipated Phase I Fines production under contract	Expected annual production of approximately 14,000 mt/year
CSPG (Qualification Line)	Customer Trials	Produced samples over 1 mt	Representative of mass production CSPG (99.95% purity target)

The company's current financial position shows improved liquidity, with a cash balance of approximately $53 million as of November 5, 2025, following the raising of approximately $55 million since June 30, 2025. The total expected capital cost for Kellyton Phase I remains $245 million, with approximately $124 million incurred as of Q2 2025.

Key operational and commercial milestones supporting this strategy include:

• Kellyton Phase I construction has 85% of equipment received.
• Qualification line produces CSPG samples over 1 mt for trials.
• China graphite anode tariff is currently 170%.
• The company is actively pursuing financing, including a $150 million debt facility syndication.
• Cash on hand as of Q3 2025 was $12.9 million.

The immediate action is optimizing the Kellyton Plant to match existing commitments with SK On and Hiller Carbon, which should lower the total capital needed to complete Phase I. Finance: finalize the optimization evaluation by the end of the year for a 2026 update.

Westwater Resources, Inc. (WWR) - Ansoff Matrix: Product Development

You're looking at the next stage of product evolution for Westwater Resources, Inc. (WWR), moving beyond the initial production targets set for the Kellyton Graphite Processing Plant. The focus here is on enhancing the core offering-battery-grade natural graphite-and exploring adjacent, higher-value materials.

The current foundation is the Coated Spherical Purified Graphite (CSPG) that Phase I is designed to produce. While the company is currently optimizing Phase I capacity to align with existing offtake agreements following the November 3, 2025, termination of the agreement with FCA US LLC (Stellantis), the original design capacity was set at 12,500 MT of CSPG annually. This represented a 25 percent increase over earlier plans. As of June 30, 2025, the company had incurred approximately $124 million of the total expected Phase I capital cost of $245 million.

Develop a higher-capacity or faster-charging graphite anode material tailored for next-generation lithium-ion batteries.

The drive for higher performance is clear, especially with Foreign Entity of Concern guidance requiring IRA-compliant graphite by 2025. Westwater Resources, Inc. has already demonstrated technical capability on its qualification line, producing samples in excess of 1 metric ton (mt) of CSPG for customer cell trials. This material is the baseline for next-gen development, aiming to meet or exceed the performance metrics required by partners like SK On and Hiller Carbon, whose offtake agreements remain in effect as of November 2025.

Introduce a silicon-enhanced graphite composite anode to meet the rising demand for higher energy density cells.

While specific production volumes for a silicon-enhanced composite aren't public, this represents a clear product extension into higher-energy-density anode technology. This R&D path leverages the existing purification expertise, which allows for the production of CSPG at 99.95 percent purity. The market context supports this: the U.S. battery-grade graphite market is projected to grow from $5.7 billion in 2024 to $13.48 billion by 2035.

Create a specialized, ultra-high-purity graphite product for the nuclear or aerospace industries, using the existing purification process.

The existing purification train at Kellyton is designed to achieve battery-grade material, which is inherently high-purity. Targeting nuclear or aerospace applications would involve qualifying the material to even stricter specifications, potentially utilizing the same core processing steps. The current capability to produce 99.95 percent purity CSPG provides a strong starting point for these specialized markets. The company's ability to generate bulk samples over 1 mt from the qualification line is key for initial qualification testing in these demanding sectors.

Invest in R&D to lower the environmental footprint of the purification process, creating a premium 'green' graphite offering.

Investment in process refinement is evidenced by the issuance of a U.S. Patent for Graphite Purification Technology at the Kellyton Graphite Plant on September 17, 2025. Developing a lower environmental footprint process could command a premium, especially given the current geopolitical tailwinds, such as the 170% import tariff on natural graphite anode material from China. Such R&D efforts are supported by the company's liquidity position, having raised approximately $55 million since June 30, 2025, resulting in a cash balance of about $53 million as of November 5, 2025.

Here's a look at the current product focus and market positioning:

• Phase I CSPG annual capacity target: 12,500 MT.
• Qualification line sample size: Over 1 mt.
• CSPG purity target: 99.95 percent.
• Cash on hand (Nov 5, 2025): $53 million.

The progression of product development can be mapped against the capital deployment for the facility:

Metric	Value	Date/Context
Total Phase I Expected Cost	$245 million	As of Q2 2025
Capital Incurred to Date	$124 million	As of June 30, 2025
CSPG Production Target (Initial)	10,000 mt/year	Pre-increase baseline
CSPG Production Target (Current)	12,500 MT/year	Post-25% increase

The immediate next step is the completion of the optimization evaluation by the end of the year to align the final Phase I capacity with the remaining offtake commitments from SK On and Hiller Carbon. Finance: finalize the cash flow model incorporating the revised Phase I capital need by December 15.

Westwater Resources, Inc. (WWR) - Ansoff Matrix: Diversification

You're looking at how Westwater Resources, Inc. (WWR) can grow beyond its core graphite focus, which is smart given the capital intensity of mine development. Diversification here means leveraging existing assets and technology into new revenue streams or product lines. Here's the quick math on what's in place to support these moves.

Acquire or partner with a lithium processing company to offer a combined anode and cathode material supply chain solution

This strategy hinges on the strength of Westwater Resources, Inc.'s purified graphite product. The company holds U.S. Patent Number 12,415,731 for its proprietary graphite purification method, which avoids hazardous hydrofluoric acid, a key differentiator for a combined supply chain offering. The goal is to feed the output from the Kellyton Graphite Processing Plant into a broader battery material solution. As of Q3 2025, Westwater Resources, Inc. reported cash and cash equivalents of $12.9 million, which would need to be supplemented by the $150 million secured debt facility, currently paused, or new equity/partnership capital to fund a major acquisition.

Utilize the Coosa mineral rights to explore and develop other critical minerals like vanadium or titanium, if economically viable

The Coosa Graphite Deposit covers 41,965 acres (about 17,000 hectares) in Coosa County, Alabama. The deposit contains Indicated Mineral Resources of 26.0 million short tons averaging 2.89% Cg and Inferred Mineral Resources of 97.0 million short tons averaging 3.08% Cg. While the focus is graphite, the risk factors note the possibility of discoveries not being in high enough concentration to make extraction of other minerals, like vanadium, economic. The Initial Assessment (IA) for the graphite alone estimated a pre-tax NPV of $229 million and a pre-tax IRR of 26.7%.

Develop a full-scale battery recycling service that can recover graphite and other materials from spent EV batteries

This path requires significant capital expenditure, which is currently being managed against the backdrop of the Kellyton Plant construction. As of June 30, 2025, Westwater Resources, Inc. had incurred approximately $124 million toward the total expected cost of $245 million for Kellyton Phase I. The company raised approximately $55 million in liquidity since June 30, 2025, bringing the cash balance to about $53 million as of November 5, 2025, to support ongoing activities, including permitting at Coosa and optimizing Kellyton Phase I capacity.

License the proprietary graphite purification technology to mining companies in other regions for a new revenue stream

Licensing offers a capital-light revenue stream based on the patented technology. The qualification line at Kellyton has already been used to produce samples over 1 metric ton (mt) of coated spherical purified graphite (CSPG) for customer cell trials as of August 2025, demonstrating the technology's capability beyond the initial 800 kg sample shipped in Q1 2025. The company's total assets stood at $157.7 million as of September 30, 2025, providing a base for potential licensing negotiations, though the primary focus remains on securing financing for the plant's completion.

Here are the key operational and financial figures supporting the current project scope, which informs any diversification investment:

Metric	Value / Status	Date / Period
Kellyton Phase I Total Expected Cost	$245 million	Unchanged as of Q1 2025
Kellyton Phase I Cost Incurred	$124 million	As of June 30, 2025
Kellyton Phase I Equipment Received	85%	As of end of Q1 2025
Kellyton Phase I CSPG Annual Production Target	12,500 MT	Current design capacity
Coosa Deposit Acreage	41,965 acres	Current mineral rights
Q3 2025 Net Loss	$9.8 million	Quarter ending September 30, 2025
Cash & Equivalents	$53 million	As of November 5, 2025
Debt Facility Syndication Status	Paused	November 2025

The immediate operational focus is on optimizing the Kellyton Plant to match existing commitments, which is expected to lower initial capacity and decrease the total capital needed for Phase I completion. This optimization evaluation is expected to be complete by the end of the year, with an update planned for early 2026.

• Offtake agreements with SK On and Hiller Carbon remain in effect.
• The Stellantis offtake agreement was terminated on November 3, 2025.
• Total assets were $157.7 million as of September 30, 2025.
• Liabilities stood at $19.7 million as of September 30, 2025.
• The company raised $13.4 million via common stock issuance in Q3 2025.
• The proprietary purification process is protected by U.S. Patent Number 12,415,731.

Finance: draft 13-week cash view by Friday.