TSX:CHE.DB.E - Post by User
Comment by
quest13on Jul 13, 2018 11:02am
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Post# 28312103
RE:RE:RE:Recent Paid Pumper Activity...
RE:RE:RE:Recent Paid Pumper Activity...I am surprising myself by finding myself in 100% agreement with you Kherson in my eagerness to see the 2nd quarter results,
I just noticed that I referred to some improvements in the second quarter and made the statement "will overcome the chloralkali problems".
In fact I should have said "partially overcome" as the extra cost of keeping customers going during the plant shutdown is quite significant.
unfortunately you cannot produce in advance and store the Chlorine except in Railcars and that is not a large storage possibility. THen there is the extra cost of purchasing material from other producers and the freight cost of shipping it the larger distance. I think of this as "illogical freight" as the rail freight costs are so high.
I am also happy to see that they have changed the old Canexus high interest debt to a lower interest rate one which will, after the cost of getting rid of the high interest debt, have a beneficial effect in future.
As we have agreed I really look forward to seeing the 2nd quarter results.