Ann: Quarterly Activities Report, page-129

To be fair, AJM had their plant problems at the start. They've only bounced back in recent months whereas we have been idling after the mid June rectification work. The RCR problem was something AJM never had.

The AJM results make me hopeful that we can/should achieve it too.

We're not in the habit of bringing out monthly production results like AJM ... but then, if we had the excellent results that AJM achieved for October, we probably would.

I presume we restarted the plant mid October as previously advised, to cater for Dec19 quarter shipments. The Sept19 quarterly seem to imply that our inventories are lower than spec grade and needs to be blended to achieve customers satisfaction.

So it would seem Nov19 will be our first monthly production after Plant rectification and enhancement. Could it be that we might achieve the desired results and issue a monthly production report early December, reporting so?

Could Ken have some preliminary positive results to report at the AGM? Will that encourage POSCO?