Agreed, if they have more tonnage order a bigger ship. However, my point was that they have already nominated a vessel with its name still withheld. This means they know how much should be produced by shipment date.
I was merely saying whatever the nominated vessel is will indicate the actual output for that month which will further indicate how quick they are ramping up and meeting targets.
Even if they produce more than the vessel can hold, stock being held on site and not being FOB means its inventory and is not being converted into sales until a later date.
Definitely happy for them to be ahead of schedule. So look out for bigger boats..
GXY Price at posting:
59.0¢ Sentiment: Buy Disclosure: Held
