MMI 4.76% 4.4¢ metro mining limited

2024 Production Progress, page-245

  1. 707 Posts.
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    https://hotcopper.com.au/data/attachments/6244/6244133-9952fbc9e7a36b61de9e5708b78a9524.jpg
    Wen Hua Star joins that queue - I've listed as Q3 given its unlikely to get filled and sail in Q2. Movements are definitely on the up thanks for noting @mjp2 - to answer your question, movements are a very good proxy for production. To estimate the daily fill, count either the arrivals (empty barges coming back) or departures (full barges going out) and multiple by 5,500 to 6,000 (tonnes of Bauxite in each load). I'd ideally like to see 5 a day or roughly 30,000 tonnes being filled - that would give a turnaround of circa 6 days on each ship and a good run into their guidance. Right now though, I'd just like to see a figure under 10 days!

    @TinnyVale, I agree with your very considered comments re equipment and timing. Looking forward to Q3 and seeing everything humming along.
 
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