Let's say production for H1 has been 1,700 WMT. in order to hit 6,500 for the year, that leaves 4,800 WMT for H2. As an average over 180 working days, that's c. 26.7 kT per day. So 4.5 barge loads per day. Quite possible, but need to be hitting 5 barges on most days to allow for the weather and mechanical down days. The couple of recent 3-barge days haven't helped, but the trend is still in the right direction.
MMI Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
