1MC 3.03% 3.4¢ morella corporation limited

Ann: Stage 1 Operations Update, page-44

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    There is not one criticism made against management that was not put to rest by this announcement. 70% nameplate capacity means SP should be around the 35 cent mark and once the quarterly is released and future guidance given I cant see any reason why we will not get there. It will take until nameplate is reached and expansion decision made to breach 50 cents and I'm not expecting that for another six months. OK, plenty of time for another tour of ASIA. Well done management.
 
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