Fuzzy has already starting complaining.. can't be bothered to post her rubbish tho..
Anyway, ship it out! If we are talking $50M for a PDF, shipping out may be a financially viable option, and we have 4 years to do it. Keep in mind - no matter what, WLP will have to be packed and trucked from LAMP.
Playing with the idea:
i) Give or take 1,000,000t of WLP to be moved by ~mid 2023. Once some form of bagging system has been set up, you can probably fill >140t/h (quick browse finds 'mobile' bagging units with this capacity). Running ~5hrs/day takes care of it (340days/y). Main cost is staff (spitballing, 20 ppl, $300k total cost/year, feeling generous).
ii) A 40ft container will be limited by payload capacity, ~28t. This means we'll have to fill 35,700 containers.. or 20 containers/day (340 days/y). Average Joe like me would pay (online quotes Singapore-Ho Chi Minh, closest I could get..) $400/full 40ft container. So yearly cost $2.7M (more likely half of this - shorter distance and bulk discounts). Note: biggest ships can take 18,000 containers.. wow
We are just a few km from the port, so trucking shouldn't be a major thing either, but perhaps add another 20 ppl and $300k/year.
Alllll this wayyyy cheaper than I thought.. heck, double or triple my numbers and we've still left most of the AELB bond untouched. Please AL, work your magic
LYC Price at posting:
$2.59 Sentiment: Buy Disclosure: Held
(20min delay)