MMI 0.00% 4.1¢ metro mining limited

Just a thought bubble whilst despair and doom have taken...

  1. 25 Posts.
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    Just a thought bubble whilst despair and doom have taken over.
    there will be a considerable increase in costs loading Ultramax vessels at the same time as Capesize.
    Ultramax have 4 cranes which will require at least six crane drivers and up to 4 rousties per 12 hour shift x 2 equals an extra 20 stevedores per day.
    Charter rates are higher.
    Then there is a possibility of an extra to wage requirements plus barges.
    Further dilution is an also serious possibility .
    Cheerfull thought bubble!
 
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