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14.0¢ core lithium ltd

In the old days whilst in the merchant navy we sometimes topped...

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Kjuagutt

183 Posts.

31

04/01/23

20:15

Post #: 65533109
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Originally posted by WhatsTheTip: ↑

That is strange "fully laden".

The collection cargo was 15kt. Rosanna has a 39935t DWT capacity. There's a bit of slack in measurements when considering dry vs wet weights but Rosanna with a 15kt cargo should barely be 40% full.

The picture in port looked to be at about 5.0 draught (i.e. empty) indicating the explanation is not entering Port Darwin with a cargo already onboard. Completely full would be a draught is probably around 11-12 (someone with shipping access might have this unlocked which would refine the guesstimates here). While it won't quite be linear, a 40% cargo should barely get the draft to 8, certainly not the 9.6 shown in marine trackers and visually in photo's:
Has Rossana managed to collect a non-lithium cargo at port Darwin?
Has Rossana managed to collect a 2nd DSO cargo from Core?
Is Rossana somehow sailing closer to "fully laden" with just 15kt of DSO onboard?

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In the old days whilst in the merchant navy we sometimes topped up with the ballast tanks for better maneuvering.
CXO Price at posting: $1.03 Sentiment: Buy Disclosure: Held
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