If Galileo leaves sometime ,tomorrow, then I have annual...

If Galileo leaves sometime ,tomorrow, then I have annual production still above 3.5wmt, but only just so things will have to go well for the rest of the year. The expected annual production rate was raised in Dec 18 from 3.0 to 3.5 so maybe a bit optimistic but the strong winds did get in the way, they did exist they aren't just an excuse.

At the moment it seems to be taking about 82000t of barge capacity to load a carrier where as with the first couple of carriers it was approx 100,000t of capacity. So things have improved. Loading days are coming down still not at 4 days/vessel but getting closer.

So from my point of view, production is improving.

However a lot of shares have changed hands over the last two days, not sure whether they were internal cross trades or from one holder to another. Is someone expecting a cap raising, due to missing the first qrt volumes? Guess we'll find out with the quarterly. Hopefully not before.

Been wrong more times than right.
GLTA
Cheers
Brad