Rory O’Donnell

“I'll begin with our third quarter operating and financial performance before discussing our liquidity position and financial outlook.”

“I'll begin with our second quarter financial performance before discussing liquidity and our financial outlook. Our second quarter results reflected continued progress in several important areas of the business, including higher sales volume, improved manufacturing performance, and lower cash costs per metric ton.”

“Starting with our operations, our production volume for the fourth quarter was approximately 28 000 metric tons resulting in a capacity utilization rate of 60 for the quarter this brought our full year production level and utilization rate to 112 000 metric tons and 63 respectively on the commercial front our sales…”

“Starting with our operations, our production volume for the third quarter was approximately 27,000 metric tons, resulting in a capacity utilization rate of 63 percent while representing a modest sequential decline in production compared to the prior two quarters this was planned as annual maintenance activities at our…”

“For the second quarter, we had a net loss of $87 million, or $0.34 per share. This included a $43 million non-cash income tax charge in the second quarter to establish a valuation allowance against certain deferred tax assets.”