production largely affected by maintenance shutdowns of north sea platforms....which are now back online. LNG profit expected to be at upper end of range
very good bank being dragged down by others in the sector, stan never involved selling ppi to the public who didnt need it....think its time for stan to shine.
excellent start to 2011, double digit income growth, income broadly spread, deposits grew very strong, loan impairments lower -
lol directors must be wondering what they have to do to please the markets
maintenance in March reflected in copper production at los pelambres- costs were down, this maintenance was originally scheduled for August
esperanza expects to achieve 90000tonnes of ore/day by end april with ramp up of plant continuing thru 2nd qtr, delays of copper and gold due to bad weather will be reflected in 2qtr figs - during last 10 days of april copper and gold recoveries were close to full plant design levels
major maintenance again at el tesoro plus lower recoveries improved during april
recoveries marginally below at michilla offset by higher throughput levels
with the next rise in interest rates expected to slow a runaway expansion Garry Evans a Hong Kong based strategist @ HSBC says "rate increases can be positive for equities because they show policy makers think economic growth is robust"