On the 7th May MMI reported 1st ship departed, another bulk carrier arrived and ~7,000 tonne/day loading. So as of today, a further 9 days * 7,000 tonne/day = approx 63,000 tonne (previous carrier was 62,000 tonne - not sure the capacity of the second bulk carrier). So hopefully a further positive announcement soon (and if the reported projected mining/loading rates are being achieved), then perhaps a reprieve for the ailing share price.
MMI Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
