1MC 0.00% 4.4¢ morella corporation limited

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  1. 3,335 Posts.
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    Waytoolong, are you by chance a shorter, because now that the SP is climbing there appears to be a lot of negative posting happening from you and others!
    In case you can't add up, the update indicated an overall production of 82K tonnes and a delivery of 64K tonne leaving a balance on hand of 18K tonnes. Taking out the 13K delivery for mid June still leaves 5K plus whatever is produced in June. The statement IMO of potential second delivery either late June early July is covering the eventuality that the vessel does not dock in time or possible downtime at the plant. Even if the second vessel is late this will still be stock in hand which in my mind would be 5K plus production of 16K in June.
    IMO delivery in this quarter will be 24,881 plus 13,000 plus a potential further delivery in June of 8K to 13K.
 
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