Wonder why Banasol only loaded 51,786. Thought it would have been a little more but I was happy that another ship has left with high priced ore and looking forward to seeing our next ship on the midwest port site soon.
Hopefully if we fill a boat every 22 days we'll get two out in June. The Banasol departed 16th May. If we ship every 22 days, that would mean the next boat should depart around the 7th June. 22 days after that would mean a shipment around the 29th June?
4 shipments this qtr would be really nice.
- Ballard
- Banasol
- Ship 3
- Ship 4
The bank balance would look quite healthy after that. A good portion of our current market cap would be in cash.
Also, even though it looks like we'll spin off the gold asset, the price of Gold has been moving back up over the last few months and IO futures are back up overnight. I still don't know if I like the re-inked deal with FEL but I find that there is still a lot to like here.
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