Again this reads more like an earthmoving contractors report...

Again this reads more like an earthmoving contractors report than a mining company report.

Based on the quoted CFR price of AUD$104 per dmt and sales revenue of $39.296m then 377,846 dmt were sold. 464,396 wmt were shipped which implies a moisture content of ~20%, which is very expensive water.

IMO ore quality and port stockpiles (which still look lean) will be the key drivers for WDR going forward - not tonnes shipped which continues to challenge the operating costs. They appear to be treading water at 3mtpa with 60% Fe and hedging protection.