No expansion?
Dec 2019 Qtrly production was 14,711 dmt
Dec 2020 Qtrly production was 63,712 dmt
Dec 2021 Qtrly production was 83,476 dmt
Dec 2022 Qtrly production was 162,151 dmt
In December 2020 they aquired AJM at a bargin price and have subsequently got that plant up and running and its now producing decent volumes.
They are progressing mid stream and up stream operations which will be significant for the company.
On 21st December 2022 they announced P680 EXPANSION remains on target and pre funding for the P1000 EXPANSION has been approved by the board.
How much more EXPANSION do you want !
Dividends have not started yet as they are building up the franking credits first but they have announced they will happen and a share buyback will also very likely happen soon too.
Just because the shares have been oversold today is not a valid reason to bag management who have done an amazing job over the last 4 years.
Good News & Bad News, page-23665
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