Thanks, hightrax. You’re obviously well placed to comment, and I respect your views.
I had thought the same (re rainfall in the Bowen Basin this year, relative to last year) but my sources were clear that January production had been ‘weather-affected’ — which I interpreted, maybe wrongly, to refer to rainfall. On shipping, the comment was along the lines that: “While they’re back on track (production-wise) in February, the ships are not leaving fast enough to make up for the January weakness”. Perhaps there’s a management issue here?
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