They have already announced possible 200,000t this FY and 400,000t this CY from PH.
Contractors and equipment mobilised to site and stockpiling on site underway.
Plenty of time for a boatload if we get an offtake agreement.
Will they do it?
Well that's why they got the loan, like Peru. Look how well Peru started....
SRK needed to be operational for PPA to site visit PE for final decision to use Onslow Port. It's in an Ann. So they are at force majeure, no more hiding behind a greenfields proposal, they have had to get PE started to get approval for Onslow. Otherwise they only had PH and we know the costs there = no point in mining. Thanks PPA, someone got mgmnt working!.
I feel they will get the first boatload out this FY and stockpile the rest on site awaiting approval from PPA to use Onslow and then they will switch straight over. Cheaper. If SRK get a sale after this FY and have to use PH, then so be it, they will 'sprint' it to port as in the Ann.
We need offtake agreements GII. Lots.
Thankyou
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