What does it mean? While production was a little lower, the stored product at port was shipped which help meet revenue targets. 25% of the product sold in Q1 was at lower prices and those contracts have been fulfilled. Orders exceed the production which is a classic condition to pass on lower price sales for higher ones. Cost down is in progress to drive toward the $400 goal and increased production also helps with that goal. No cash shortfall in the future requiring crises financing. Not a banner waving report BUT,
Overall a firm foundation to grow into the future!
Ann: Q1 2019 Interim Update, page-11
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