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Re: Cheeky Kid post# 9888

Tuesday, 07/30/2013 3:38:42 PM

Tuesday, July 30, 2013 3:38:42 PM

Post# of 12338
We shall see. I actually see this as good news. Many see it as bad news. While others are selling I am buying. Time will tell if I am correct or you are correct. Meanwhile debating the point is a waste of time.The following pretty much summarizes my thoughts.

"investors and analysts (and large producers) will start looking at projects that have lowest cost (both capex and opex). So for me the silver lining in all this is as follows: most new projects will get canned, high-cost producers will suffer and will look for new projects with lower cost structure, in 2-3 years when most of the competition is gone the industry will be more consolidated with Allana being one of the most profitable companies."
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