Justin stated yesterday the expansion to 3x production was dependent on Port capacity approvals. He didn't specify whether it was related to another bunker or an increase to the tonnage of Mn Utah Point can handle as Yowie previously alluded to there was a cap.
Justin also mentioned the bunker number where the ore was stockpiled (I didn't consider it important so didn't jot it down, but think it was Bunker 7). The ship was being loaded and haulage of the final few thousand tonnes was occurring.
I believe the freight assumed in the PFS was $18/tonne. Justin claimed the price was currently $30/tonne. But also claimed that at nameplate production operations are still profitable with shipping at current levels (albeit still not optimal)
E25 Price at posting:
$1.14 Sentiment: Buy Disclosure: Held
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