Back to the possibility of some quick sales resulting from the Chilean earthequake:
If these eventuate they will have the following effects:
Proceeds will enhance cash flow substantially.
There will be a substantial one-off positive impact on bottom line. Reason is most of costs of production of these woodchips has been taken up in prior period - all revenue in current period. Classic effect of de-stocking.
Could have quite an impact on second half results.
GNS Price at posting:
58.0¢ Sentiment: Hold Disclosure: Held