Where do you draw the line whisky? If they reported avg price per ton A$107 and negative cash flows would you still be defending them?
Their reporting is relatively straight forward. They have missed top line revenues by 30% on a commoditized product where quantities were already known. This is not a complicated business or number to understand. I know you are a management fanboy but how much leeway are you willing to give these guys?
If $100m cash goes missing next quarter will that be okay with you too?
Quarterly predictions, page-559
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