The Serinity, page-8

Interesting to note, the bulk (ore?) carrier Ipswich Bay arrives in Singapore today (27th), after leaving Burnie on the 12th...

Assuming our offtake partner, Prosperity Steel in Singapore, will be using that as their destination for our IO too, this makes shipping time about 15 days... (using the Ipswich as our guinea pig, no matter what it's currently carrying from Burnie.)

So if payment in future for our IO occurs midway by ship's GPS, then our bank balance will start to look quite a bit healthier after about seven and a half days from our first departure - whenever that may be.

Not ramping, not chasing shadows.
Just doing normal due diligence to tick all my boxes.

And thanks to Ipswich, we now have a better idea about the timing of deliveries to the nearest vicinity/destination.