Good rns4 May 2020 11:57
Sold more than we made, good reasons why production was a bit lower, flooding...resolved.
Maintenance done, stockpile covered downtime so probably a net win for the year. Costs reduced, 100% owned Vanchem starting To contribute at lower cost than Vamecto. Plenty of cash to see us through.
Working back up to 100% production.
As good as can be expected for the present in my view, the company is sound and secure with demand good and looking like pickingup with infrastructure recovery plans worldwide likely.
However as always the rns feels low key, with lots in to digest so some key points get missed or have a lower effect perhaps. There is still much we do not know and I wish they would be more forthcoming re the bigger picture as it is still hope and Jigsaw pieces being moved, thus risk.
My reading is that there is always much more going on but they keep the cards close, it is frustrating as an owner if the company, albeit a very small one.