shipping rate increases, page-18

Not sure what the confusion is all about , but in simple terms -

- GBG had about 2 mt of DSO IO ready on the sideline , already shipped close to a million tons within last 10 weeks , still has the other 1mt's to ship , another 8weeks of work there ! Perfectly planned with Mplant transition !

-Mplant already commissioned, @fine tunning stage , already producing MIO , should be slowly ramping up to 20 kt week by now and increasing by the week !


Come April/May they will have shipped 5 mt's both H and M IO = $ 100m profit.

Today Mcap sits @ $ 300 m or so +$ 100m cash , and schedule to make $ 400m pa, and lets not forget the $ 1.5 b assets they own !


Anyway let the big boys accumulated for now !