I still read it differently. Proceeds from last shipment are over 10mill ozzie, admitantly tax royalties shipping etc need to be removed but believe we should see possibly small profit next ship which is due in on the 19th now and alongside between 19 and 22.
Anyway not really important if its one way or the other. Whats important is that we shipping ore and have a ship coming for the next load, Capex will be paid in full and profits will be coming in, if not this ship then the next. We maybe getting premium on 62%Fe looks like to me which is great. US$8.3mil gross not bad for first ship and transport difficulties. Lookout when we get into a groove as we will be doing 2 ships per month, Imight be a little over the top with my glass half full enthusiasm but its so nice to see FEL rocking and rolling and shortlists for another contractor who know for how much but if they get someone to do 2 to 3 mpa well that will put a few more coins into the piggy bank. Size is king, 5mt pa at even AUD$40, we may need a bigger piggy bank.
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