Not happy in the limited info but I think there is value in reporting less whilst there is nothing anyone can do about the share price anyhow...
There are alot of very positives, apart from the debt extension and the issue of shares in replace; both of which show investor support
They increased plant availability to 24 hours, to think nobody thought of that before?
They are converting to hydrolic which through puts 50 tonnes.
Lots of very strong and positive moves by the ceo who entered a bad situation. Doesn't show someone giving up and he knows how to improve a company, maybe not when to sell out though.
In either instance there is nothing we can do. Best scenario right now is to stay in trading halt, hold off and wait till commodities are back in favour, then come out of trading halt. At that moment we are in fact better than we were when we entered the halt.
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Ann: March 2017 Quarterly Activities Report, page-33
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