WSA western areas limited

OMG What happened?Ni concentrates produced at CBC were lower...

  1. 2,185 Posts.
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    OMG What happened?
    Ni concentrates produced at CBC were lower while the ni price was higher for two consecutive qrts.
    MREP tonnes were nothing to take notice for two qrts.
    The company blamed
    - 90 hrs unexpected downtime
    - bush fire event
    - power outage
    - road closure
    - maintenance
    - bad mill lubrication fault and
    - higher shipping cost A$0.42 /lb

    What's attractive about the new offtake contracts with improved terms ?
    Will the customers pay you higher price when the pon getting smashed due to lower demand?

    How could the company archive the 22,000 yearly target If the company cannot produce higher quality grade for ni concentrates with the help of the MREP.

    Wellcome back to 2.10

 
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