Pos ark,
Some good points there. It appears that the concept of Time Schedules in Tasmania needs to be redefine to the other states of Australia.
ie. "Weeks away" now means "Months away". Perhaps this variation of time vision can be brought in line with the other states! This could be rectified with more careful planning. We investors need more clarity, and language corrected.
I see from the Tasmanian Times report of August 30 this year re "Future Vision for Burnie Port", that a 5 year plan for port upgrade is envisioned.
Let's hope this time plan is consistent with real time expectations. More and larger bulk ships leaving port, hopefully after 5 years!!
With VMS we might have to dig in for a longer vision for our shareholding growth, regardless of short term misleading time estimates.
The dry screening was intended to be a quick route to first shipment, before wet screening installation. We will see if this can still be of some assistance.
I would also brace for the possibility, (in my view, likelihood), that over the next 2 to 3 years, IO prices could trend downwards, (with Brazil increasing exports to China), while the Au $ could stay firm or rise, esp if greater uncertainty occurs in the US after the election. If the Presidential debate is to be an indicator, more chaos is ahead. All still to be revealed...., but, we would be wise to be prepared...with these LONG LEAD ITEMS!!
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