Yes. if read on its own it looks like we are going backwards but they pretty much stated most of that in the 19 Dec update.
Whilst the continuation of plant and workforce issues abound, the real positive for me is the substantial upturn in productivity at New Elk in the second two weeks of January which coincides with the commencement of McClure as GM. Maybe we have found the man to turn it around on the ground. If he can continue that production through Q1, we may see a big upturn in the Jan Qtr results.
on the downside, the drop in European coal prices may mean we missed that boat! Ouch; a big opportunity disappears before our eyes!
Not sure SP will tank it but certainly can’t see SP jumping very far above 4c anytime soon!
AHQ Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
