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crimson grace, page-5

  1. 22,558 Posts.
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    As far as I can gather, Its the Crimson Grace and its interesting that the load has lifted from 18,300 ton to 40K ton.
    For this reason, I have bought a few IMA shares this AM.

    My reckoning is;

    Stockpile:
    3,065 ton before 1st Dec 2018
    15,935 ton......Dec
    25,492 ton.....Jan
    19,020 ton.....Feb
    25,000 ton.....Mar (forecast)
    88,512 ton total to Mar 31st (forecast)*

    Shipped:
    10,206 ton.......Jan
    20,038 ton Feb
    40,000 ton March (likely on Crimson Rose due to sail on 30th Mar Bunbury)

    18,268 ton Stockpile @ 31st March

    http://www.byport.com.au/shipping/shiplist.htm

    * IMO, IMA will keep plant functioning at optimum including selecting high grade ore to pay down debt quickly and avert a cheap T/O.
    Also, IMO, IMA will want to shift all mine based stockpile to Bunbury ASAP because of impending cyclone.

    Last edited by moorookamick: 25/03/19
 
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