let's get back to fundamentals, page-13

Bacci

The maintenance is page 20 table 3

There is definitely a dead fish somewhere as this plant looks quite efficient compared to the one Solvay bought in eastern Europe 2200 workers 500K tons per annum purchase price Euro 180 million.

Then why is it taking such a hit - I intend to ask management.

Earnings look like 5c but cash flow out looks like 7c loss. The Overburden is a big number as is the goodwill but I think that is fairly valued in the plant.

Even with the high A$ they should still be making good money. Something doesn't add up IMO.

Still hold a few to be on register.