GBG 0.00% 2.9¢ gindalbie metals ltd

3q'13 financial results, page-7

  1. 912 Posts.
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    1 ship in 14 days.
    Start with zero in the shed then after 2 days 60k in shed. Assume 60k leaves so back to zero. 7days later shed is full and they can't haul any more so for next 7 days trains can't run and there is 200k stuck at the mine. Assuming trains run at 10mtpa for whole year there will never be an opportunity to catch up. Saying this. They can catch up at the moment because they are only shipping 7mtpa leaving 3mtpa of free rail capacity to catch up next month. This isn't an issue now but I think it will result in a small downgrade on production volumes next year.
 
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