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mhsg

Re: Ponch73 post# 689

Friday, 01/05/2018 11:57:08 AM

Friday, January 05, 2018 11:57:08 AM

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Maybe I am being a bit presumptuous on the stripping investment being a one off. It did seem high and a lack of clarity on this. I guess we wait for FY2017 results and a expanded cashflow statement and details of 2H investment.

2H operating performance should be out within 2 weeks. My money is on 1.7-1.8Mt export and sold. But the good news is prices have remained good.

I think we agree this should be a HKD1/share. With the wider commodity bull cycle lets hope they can take advantage. Unfortunately political greed and interference will continue to be a decisive factor....
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