Peter_2007, how long ago did you send them an email?
I had sent emails earlier in the year with no reply then on June 21st I sent them an email after the close of business and got a reply from the managing director before 11am the next day.
My email:
"As an investor in NFL I was wondering how the Darwin Plant has been going in terms of cashflow and profitability."
Richard Selwood's reply:
"The Darwin plant as a percentage of NFL cash flows will be approx 6% of the total. As announced to the ASX we have had delays , which has resulted in the Technology provider LURGI making some changes. However product is being made and distributed to our distributors. Singapore which is 67% of our projected cash flows will start to come on line this December, and Houston which was not forecast in the prospectus has started construction and will start production approx 7/8 2008. In general, trading at a PE of less than 2 is very disappointing, but I feel when Singapore is completed we must be re rated, after all Sing alone has a cash flow in excess of $600m pa. The companies results will be published in due course, after the auditors have finished."
BGC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held