Oh dear.
Not a great qrtly.
Idling of SR2 after a record year? Weren't we on the verge of restarting another kiln last year? SR stocks must be massive to consider this move. Slightly better news re. customer dispute but the 4KT shipment commitment will not go far.
It is interesting to see increased Illmenite sales, obviously at the expense of SR.
SRL performance has not improved either, Covid is probably still a valid excuse in Sierra Leone but I haven't seen any evidence of a solid plan going forward.
I'm no longer convinced in the Managment of this company under Tom.
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- Ann: Quarterly Review to 31 December 2020
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