OK, have it now. That's a bit of an improvement over what was posted yesterday. Still plenty of information that I would like to understand: - are we shipping as fast as it can be produced? - what are the shipment sizes? - what is the projected throughput of the docks area once developed? - what is the benefit of the crusher (presumably more granularity of coal, so more can be packed into each shipment?) - what are the steps being taken to increase monthly production to hit targets by close of 2011 - what can be done to mitigate rainfall and is the rainfall impact principally at the digging end of the equation? - how does the company see the seasonal/monthly production changing (should we expect higher throughput in dry months and less in wet months and is the variance substantial or can it be mitigated to some extent - obviously others have already learned these lessons so the seasonal profile should be predictable) - timelines for the offtake agreement? - and quite a few more operational queries but that's enough for now... - where can we see the market prices for our category of coal - is any hedging being taken against the USD?
I still believe this is a good company to be invested in. She should be a good little earner assuming they can convert words into action, and can keep the market involved in the journey.
AQJ Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held