its a very simple mining direct shipping business, your comment ""nothing abnormal"" to report, well I just say report (the facts) on what's happening at this critical time in the companies development, its starting production from a single operation to provide cashflow, then announces CR $/dilution 20c why? I am a holding SH but feel like investing blind, besides only want to know 4 basic numbers tabulated which no doubt have and IMO should be reported already and timely from then on, the numbers must surely be known and obviously highly material for us SH and investors for transparency.
1. tonnage shipped and cumulative
2. bauxite grade/quality
3. price paid (indicative and settled)
4. Indicative operating cost (realise ramping up and will be higher than feasibility)
using these numbers we can make our own judgement on how performing and indicative margins acceptable or not at this stage, otherwise its a just trust us wait till quarterly investing blind.
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