mk interview

If you visit this link you will find an interview with MK. It is interesting because he talks down the imminenet results. Says the half year was 'diabolical'. Also says that the dividend will be maintained I feel the company will post an OK result and MK is simply 'talking it down' so that the market will be moderately surprised.

Longterm this is still a good company, in my opinion.

Waxy


<<"Booming prices for most alloy and stainless steel inputs helped ConsMin post a record A$70 million profit for the year ended June 30, but Chinese alloy overproduction dragged down manganese prices over the next six-month period.

"It's been diabolical," said ConsMin Managing Director Michael Kiernan.

"We'll announce our (half year) results in about two weeks. It won't be as big as the prior period but we'll make a profit and we'll maintain our dividend," he told Dow Jones Newswires in an interview. >>