Hopefully, Plan C is being hatched in the background as we speak. Obviously getting to the point where ICT kicks in is the main aim (PlanA) and SGE would have been a shorter term sales route with 600,000t over 2 years but relies on them providing barges (PlanB), but without SGE barges, we will probably have to find some of our own and figure out where to take it and who to sell to. Hopefully , this is where Matt Latimore can really help get us going. He can quickly turn his $5m into $10-20m if we can get things going.
History of these guys has always been slow starts and it takes longer to get things going, but once it going, it tends to keep going ( as long as you ignore the Krajan sideshow). Hopefully SGE are just waiting to see consistency in production and transporting to Batu stockpile before they start to commit full time barges to the route. If so they should be starting to feel comfortable that there is enough supply without the fear of delays due to stockpile depletion.
Would really love it if mgt could start giving updates on stockpile sizes. Assume they will in the next quarterly as the inventory will also have a value which they will want to recognise.
Hopefully a positive update this week (2weeks since last announcement). Lack of that first sale is really killing me.
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