Why take huge loss when SP hit its lowest? more importantly the company is finally making its way into China's market and entered into the first $22m contract, which will be immediately shipped and completed in 8 months. Also as stated there will be other supply contracts/arrangement to be released in next 30-45 days.
If the ship is sinking with no hope, jumping off is rational thing to do. However at this particular time, I don't view it as the case. All my opinion. DYOR.
Ann: 2017 Half Year Results, page-4
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