GREY:ABCXF - Post by User
Comment by
Diamondsaceon Oct 19, 2010 5:31pm
513 Views
Post# 17584177
RE: Upgrade
RE: Upgrade Q3 numbers are obviously going to be off as far as tonage is concerned.The loading system at the Daqing plant which is to accommodate bimodal container cars is to increase throughput at the dock and therefore allow the plant to run at a higher capacity and is expected to be completed before the end of OCT.It would be very positive to have a NR of this accomplishement before the Mid Nov NR of Q3.Also a positive update of the Changtu plant would help.I agree that any cost overruns/delays will have a short term negative on the share price but looking forward toward thier goal of becoming a top producer they are making leaps and bounds.