re: Ann: Product'n Guidance for 2011-12 S... Not sure why there was such a strong negative reaction to this news with MML down 5% on open. It all seems in line with previous information and forecasts. Cost of production was expected to be $190 for CY2011 and now its $200 for FY2011/12 so we are looking at maybe $5 increase in cost compared to previous expectation.
Looks way overdone to me. Any thoughts?
Ann: Product'n Guidance for 2011-12 Shaft Upg, page-2
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