Board would be very concerned about this. One hopes they are or...

Board would be very concerned about this. One hopes they are or have plans to do something about it. They have not out their best foot forward and given clear guidance and met it for last 6 months.

People believed there was not going to be a capital raising (they did it), we believed it would be cash flow positive by 31/12/2018 (now delayed a further 6 months to 30/6/2019) and no real clarity as to when they will hit cash cost during the FY year (of US$400 a tonne) or at what point they will hit 30% of their annual production in the higher priced flake market. "Trending" and or "over the year" is too vague. Let'hs hope they deliver good news towards end of April. If no news before then, only hope is a takeover - this may be the strategy of the dumpers and shortsellers. Drive it low and then hope to buy it out on the cheap. Hmmmm. Equity theft.