GBG 0.00% 2.9¢ gindalbie metals ltd

fifth ship- energy rose, page-10

  1. 2,499 Posts.
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    Yes, keep those ships coming. Ship number six the Nicos L is at anchor.

    Each one gives GeeBeeGee approx. $6 million of cash.

    Thats because the production costs of the entire stockpile of 1.8Mt crushed and ready to go DSO has been already paid for in the accounts as at end of June.

    In total this stockpile will give approx. $180 million of cash in the next three to six months depending on the shipping schedule.

    With a third train being added soon, it will only take three days for the trains to fill a ship. The port more than has capacity to load a ship every three days. We had one done in 48 hours.
 
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