2020/2021 Production target 350 ktIf the company sell their maximum monthly output of 50 kt in Q3 they can sell 150 kt.
Add that to their sales of 112.8kt in Q1&2 and the company need to deliver 87 kt in Q4 to hit the 350 kt annual target that Cristiano has re-assured us the company is on target to meet.
As the weather gradually morphs into the wet seaon starting in November this 86 kt might be a challenge; perhaps there is some inventory undelivered in Q2 that might bridge the gap, perhaps the strange weather patterns will delay the wet season (but the land needs that water or else the farmers will be growing nothing).
Still, Cris seems confident of hitting the sales volume and the revenues are impressive...... (if we maintain our Q1&2 average of C$55 a ton we will hit C$20m (more than double last year) and there is a chance we will surpass that price in Q3&4).......
optimistic!