AJM Reporting is Misleading, page-124

I only read the last days- also confused by the recent SP development.

however- taking again a close look into the Q-report, there are fundamental things I value and give me some confidence:
- did anyone notice, that cost even were BELOW estimated costs for this quarter? we spend LESS then estimated - also stuff costs and production costs
- although they don't give a definite outlook on q4 spie prices, by calculating estimated incomes and shipping rates, it's visible that mgt estimates wood prices remaining on similar level (around 600usd)- which is at least ok.
- also the comment, that theiy are FINALIZING refinance. was the first time it was mentioned that way.
- although I hate the CR, cause it keeps the SP stuck to these levels, we should end up after q4 with more than 30mill cash.

I'm hanging in to this.
time will tell.
but it's one of the few rare companies where I have the feeling, that Mgt REALLY are committing themselves fully to the company