AKE 0.00% $9.83 allkem limited

Ann: Severe Weather Affects Operations, page-51

  1. 431 Posts.
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    Hi passiveprofit,
    I understand and mostly agree with the points you made, and I do hope that the stock price will rise. I fully understand that there is plenty of uncertainty in the market, but I also believe that the company should try to minimize as much as it can the effect of weather on its production. This is especially true given the fact that the plant is in a remote area and endures tough climate. My point is that the company should have been better prepared for the possibility of not receiving soda ash. Sufficient storage of this chemical in the plant should have eliminated the problem. I hope and suspect that plant engineers will be better prepared next time. I simply don't think we should see another plant shut down unless it is a true deluge.
    Cheers
 
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