Let s talk LYC sp, page-28

"Let me throw you a counter, if indeed Ph1 was physically impaired why would they not have shut it down and immediately ramped Ph2 post commissioning?"

What effect do you think an announcement like that would have done to the share price, the company would not exist now.
I am not saying all of Ph 1 is impaired but certainly a large chunk of it must be for an impairment of that magnitude.

I will return your serve, why did they use Ph 2 kilns for example to supplement Ph 1 Kilns. Why did AL say that they are only using on set or paire of kilns now instead of 4 but glaringly did not say that Ph1 was only using Ph1 assets in Sept Qtr.

Without being harsh here, you have just visited the plant and your ' impression" is that only Ph1 kilns are being used. Surely you would know for sure on this one having just been to the plant. Are you familiar with all the equipment and the layout of the plant or did you rely on what the "trained what to say" PR tour guide told you.