Finished yesterday back up at 10 barge movements. Onwards and upwards touch wood. Wave height down again.
The biggest deal here for me is the Newcastle Max shipping strategy starting. Just fill 'em up boys.
Not a lot of softness in the share price so it would seem most are looking past this short-term stuff or at least patient through the odd expected dip in loading. The trend is your friend blah blah. They still have consistency to prove at these higher levels of loading and it will be good to see them hitting loading rates with the Newcastle Max, but there will be some variability even so. And more kit to come, still, to firm up capability through a range of loading conditions.
After that there are plenty of further improvements to come, beyond what already attractive current broker targets allow for. As inserted below, plus the planned debt restructuring.
I'm unusually cheer leady on this. Ultimately it is the performance that matters. But good signs.
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