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Re: OMOLIVES post# 157

Monday, 04/24/2017 5:58:00 PM

Monday, April 24, 2017 5:58:00 PM

Post# of 1138
"3. He's spoken to the CFO who has indicated that MMC would be near 100% capacity (7.5 MT) in 2018. CFO also indicated that volumes in late March seemed to be running more like 400k/month, so he thinks they hit closer to 5MT in '17."

That is my frustration...because I can not my head around those HCC washed exports.


Maybe that's why the stock has been acting so weakly -- the Street doesn't believe the 2017 guidance because the Q1 HCC washed exports number is so underwhelming.

It's also possible that the first three months of production were mediocre, and that MMC is ramping up to 400k starting in April.

Is it possible that MMC might have to lower guidance 1/3 of the way into the year?
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