What is clear to me, and it will gradually become clear to the market, is this system has a lot greater capacity than 35 m t pa.
They are doing that rate at the moment with:
- only 4 transhippers working full time, and Peak basically taking holidays 2/3 rds of the time.
- 1/2 the haul road under repair with a speed restriction of 45 km per hour;
- may be around 100 triple trucks operating, where they have a full complement of 140;
- 2 more transhippers coming , first one in June next year.
I think over the next year or two we will see a quite simple expansion of Onslow to 50 to 60 m t pa.
Just so much upside!
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Last
$23.61 |
Change
-0.290(1.21%) |
Mkt cap ! $4.686B | |||
| Open | High | Low | Value | Volume |
| $23.52 | $24.29 | $23.19 | $26.81M | 1.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 421 | $23.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.62 | 1482 | 14 |
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| Last trade - 12.58pm 16/06/2025 (20 minute delay) ? |
| MIN (ASX) Chart |