GBG 0.00% 2.9¢ gindalbie metals ltd

shipping rate increases, page-4

  1. 5,254 Posts.
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    ... This is well known. They had 1.8mt-2mt of DSO stockpiled, which was mined over the last 6 months + and not shipped (as the rail/port didnt work). This is currently whats being shipped at such a fast rate. This proves the rail/port loading logistics works, but doesn't do anything for the magnetite concentrator being proved.

    Basically, its up to the magneite concentrator to work to sustain this level of production.

    We will only mine/ship 2-3mtpa of DSO. So once the stockpiles runs out we need magnetite to supplement the current shipping rate.

 
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