PSH 0.00% 4.9¢ penrice soda holdings limited

sick old dog, page-2

  1. 554 Posts.
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    Yes, I've given up on PSH and sold. There seems to be a never ending story of things not going to plan. I thought cash negative in recent times was stripping overburden to get at potash which wass supposed to turn cash positive by now as that overburden became a positive thru sales not a continued negative.
    We had the grand plan of spending mega to bring the plant up to scratch under new management. I bet they end up like the last management and end up scrimping on that to produce a temporary cashflow benefit.
    As another auther said on here a few months back, one of the fundamental negatives is the expensive to run Solway process.
    A dog, through and through.
 
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