2023 Production Progress, page-233

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10/11/23

15:58

Post #: 70835876
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Originally posted by Jf1951: ↑

I like your diligence Arrow.It has saved a lot of back of an envelope calculations
Me thinks that provided the weather allows loading and the demurrage risk is low the mine will continue to operate,so squeezing in a Capesize or two in January is possible.Westerly swells will stop the Ultramax as the risk of demurrage increases as the season closes.
5M will be an excellent result and giving credit where it’s due the Standard of Project Management and fiscal control are excellent.
As for out share price,maybe it will languish below the 2.6c until the second self loader is up and running and the market can see further reduction in costs .
Post Noosa talkfest will indicate if the market is willing to risk their money during the off season!
Thankyou for all your hard work.

Expand

thanks..For those interested Simon presents for 15min 2pm on 16th Nov at Noosa Mining conference. We have the ability to register via zoom. Have a great weekend

Originally posted by Jf1951: ↑

I like your diligence Arrow.It has saved a lot of back of an envelope calculations
Me thinks that provided the weather allows loading and the demurrage risk is low the mine will continue to operate,so squeezing in a Capesize or two in January is possible.Westerly swells will stop the Ultramax as the risk of demurrage increases as the season closes.
5M will be an excellent result and giving credit where it’s due the Standard of Project Management and fiscal control are excellent.
As for out share price,maybe it will languish below the 2.6c until the second self loader is up and running and the market can see further reduction in costs .
Post Noosa talkfest will indicate if the market is willing to risk their money during the off season!
Thankyou for all your hard work.

Expand

Originally posted by Jf1951: ↑

I like your diligence Arrow.It has saved a lot of back of an envelope calculations
Me thinks that provided the weather allows loading and the demurrage risk is low the mine will continue to operate,so squeezing in a Capesize or two in January is possible.Westerly swells will stop the Ultramax as the risk of demurrage increases as the season closes.
5M will be an excellent result and giving credit where it’s due the Standard of Project Management and fiscal control are excellent.
As for out share price,maybe it will languish below the 2.6c until the second self loader is up and running and the market can see further reduction in costs .
Post Noosa talkfest will indicate if the market is willing to risk their money during the off season!
Thankyou for all your hard work.

Expand

Originally posted by Jf1951: ↑

I like your diligence Arrow.It has saved a lot of back of an envelope calculations
Me thinks that provided the weather allows loading and the demurrage risk is low the mine will continue to operate,so squeezing in a Capesize or two in January is possible.Westerly swells will stop the Ultramax as the risk of demurrage increases as the season closes.
5M will be an excellent result and giving credit where it’s due the Standard of Project Management and fiscal control are excellent.
As for out share price,maybe it will languish below the 2.6c until the second self loader is up and running and the market can see further reduction in costs .
Post Noosa talkfest will indicate if the market is willing to risk their money during the off season!
Thankyou for all your hard work.

Expand

MMI Price at posting: 1.9¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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2023 Production Progress, page-233

Litchfield boosts its copper, base and precious metals footprint in the NT with acquisitions

Droneshield shares move up on $13.5M US govt contract

TMK Energy kicks off drilling for new pilot wells in Mongolia's vastly underexplored Gobi

Orthocell wins first international approval for nerve repair product

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

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2023 Production Progress, page-233

Top Stories

Litchfield boosts its copper, base and precious metals footprint in the NT with acquisitions

Droneshield shares move up on $13.5M US govt contract

TMK Energy kicks off drilling for new pilot wells in Mongolia's vastly underexplored Gobi

Orthocell wins first international approval for nerve repair product

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

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Buyers (Bids)

Sellers (Offers)

Featured News