gday guys,
im new to the FML thread, but bought in today.
forget about the sell down and take a step back and think of what is actually going on (which is why i just got in):
- operating profit for the quarter
- plenty of cash on hand
- increasing production
- coy has funds to keep refurbishing additional mill for further increased production
- closing hedge book for more favourable terms once closed
- paying down debt
equation is simple.
relax
