Ann: Market Update, page-3

The business is in a very positive position.
1) Debt hasn't blown out
2) Volumes are slowly recovering
3) Management kept costs in check
4) Prices have been revised favourably effectively 1st July

Basically management have indicated that by Q2 we should see the business back to where it was. Having said that I suspect that some fundamental cost structure changes have been made which will reduce the overall costs structure allowing the business to generate better results moving forward.

SP should be heading back to the $1.15 if not higher! (but maybe not today)