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I am sure that everyone is getting a little concerned about how long this downturn will last. Markets continue to slide along at what we hope is the bottom. At current log market levels there is limited opportunity to realize a win. But, if we stay focused and communicate, we can hit budget targets. We are currently hitting targets, even with all the weather problems.
Just hitting production levels isn't the whole program. We have to improve quality and extract maximum value at every level. The mill’s opportunities to sell lumber are tied to their average lumber lengths, the longer the better. We have set out to improve the length structure of logs delivered to the mill. We will monitor the out turn lumber to see how successful we have been.
Kennedy Flats has come to an unexpected end, so our focus is now on Stewardson. We will have to build road and try to do some heli to minimize mill lost time. Budgets will have to re-worked to today’s market levels to ensure the economics are there.