Next shipment (according to port data) is scheduled to leave Townsville on 8 June 2024. The ship is "Paiwan Wisdom" (GT capacity 19,825t). Last time the company shipped 15,000t on this particular ship it took 68 hours to load. This time the loading time is scheduled as 59 hours. Someone else is loading the ship beforehand (44 hours). As a result, I suspect the shipment will be around 13,000t.
This would bring shipments this quarter to date to just over 30,000t. The other shipment of approx. 25,000t will hopefully be scheduled before end of June to meet the guidance for the quarter.
I suspect we'll get an update from the company 11-12 June straight after the long weekend.
Hopefully, turning the corner here
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