Hope your weekend is a good one snow.....of course the report...

Hope your weekend is a good one snow.....of course the report 30/6 will be telling.....we already know that.....even though we have large iron ore reserves the export volumes are not there, lesser volumes over which to spread fixed and variable costs, no readily apparent hedging, no detail of lumps vs fines or the new blend we were told about some time ago. Taking all this into account the losses do not appear to be huge at this stage. Quite obviously the offer date is set to expire shortly after the quarterly report is released. One thing I would like from our company is an explanation on the expenditure side. Details of the haulage mining and crushing contracts and when they are due to expire. I have seen very little from our company on the expenditure side during this whole process. DYOR