same old line from matrix, page-6

Yes, issues with management are probably more revealing by the claims that the Henderson plant has achieved over 100% of nameplate capacity. In the same report they detail the cost savings of running production at 2 shifts instead of 3 shifts per day. So the plant is only running 2/3rds of the time. So even at "full" production, it can only possibly be achieving 67% of capacity. And it is doing this because they haven't secured enough sales to justify running it harder. And it is running at a loss on the P&L and burning cash on the cash flow statement. Capital raising anyone?

Then there is the dollar. We all thought a falling dollar would be beneficial. Not according to the preliminary report. It highlights that a fall in dollar would reduce profit - presumably due primarily to the hedging strategy.

Genius.