"the Company remains focused on producing 11,000tpa REO from Phase 1, there may be a delay in achieving that run rate until the June quarter."
..imo this is the worse case scenario the co. has elected to announce..there is a excellent possibility close to nameplate will be produced this current Q..they are covering their arses
..."further technical issues encountered have been rectified"....
....today's sellers were all short term traders who where holding with a short term view to make a small profit in the hope the SP went up....
...positive solid announcements will arrive and co. will be announcing regularly...
..Phase 2 and Sojitz to take up all its original allocation is still a huge possibility...anytime....
..Short sellers still hold approx. 10% of the stock...they will be keen to cover and lock in their profits..
...this is not a up ramp...just my confident opinion..DYOR.
..have a good weekend...
quarterly, page-43
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