Last Paragraph13 Nov 2008 10:01
As with all companies in the sector, Cambrian's fortunes are impacted by changing
macro-economic conditions. However, I believe the
Group is well positioned for the current financial year and beyond. We have coal contracts in
place that should enable the Group to realise
higher revenues than last year, as well as favourable margins. In addition, recent currency
movements, if sustained, will also work to our
advantage as will the reduced pressure on cost inflation. Importantly, we have significant
operational flexibility in terms of being able to
adjust our capital programmes, production levels and product mix to adapt to changes in the
economic environment."
( Confidence is all important in my book , Chan )