Mnut, thx for this importing information, reveiling the
scope of this claim israther limited.
Its is really beyond me why Bill is such ignorant not to
included this two little sentences in the report.
Also he could have done a much better job in
"explaining" the shortcomming in reported quarterly
profits (i.e. deferred profit coz of high inventory levels).
That said i wonder why Bill is such suprised about the
shareprice...
Some remarks to the points Flats raised.
Bill said in the CC high inventory levels are caused by
lack of availibilty of trucks.
FM is implementing their own refinery capacity, they
do not use third party smelters. Some zambian smelters
are increasing there smelter capacity and with shortcomings in their mining output i do see here not such kind of lack of capacity as you do.
DRC perception has improved recently i believe, specially
PD`s decision to go ahead with Tenke should greatly boost investors awareness specially in the north
american markets, same applies to Adastra big Kolwesi
project moving forward.
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